This will be a key spot to watch in the day ahead, as it will tie together the broader market mood. S&P 500 futures are now nudging a little higher to be up 0.3% with Nasdaq futures up 0.6%. It’s not much and it is still early in the day of course. But for now at least, there is an air of calm after the plunge yesterday.
The main focus will be on Nvidia surely, after having posted the biggest one-day decline in market cap on record. They have been the poster boy for the entire market all of last year. As such, market players will be keeping a close eye on how Nvidia will fare today. Dip buyers to win out? Or are we going to be hit by another wave of selling when Wall Street comes in?
This article was written by Justin Low at www.forexlive.com.
Related Articles
Trump threatens BRICs countries with 100% tariffs if they create a new currency
Tariff man again: This article was written by Eamonn Sheridan at www.forexlive.com.
ICYMI – BOJ deputy governor signals rate hikes if economic conditions align with forecasts
Justin had the remarks from Bank of Japan (BOJ) Deputy Governor Ryozo...
ICYMI – Japan scrambled fighter jets to intercept Russian bombers, fighters, on Thursday
Two Russian Tu-95 bombers, accompanied by a pair of fighter jets, conducted...
Japan PM Ishiba says Japan will continue to invest and create jobs in the US
Japanese PM Ishiba is speaking in the Diet:says Japan will continue to...
Leave a comment