US stock futures higher despite a 3% decline in Nvidia shares
globalreutersAugust 29, 20241 Mins read S&P 500 futures are up a modest 16 points, or 0.3%, to 5627. That’s an impressive performance given that shares of Nvidia are down 3% in the premarket following yesterday’s earnings report.
Futures had traded as low as 5561 following NVDA earnings but the dip buyers have stepped in and that’s a good sign for the broader market. I’d warn though that September seasonals aren’t great.
This article was written by Adam Button at www.forexlive.com.
Recent Posts
Categories
Related Articles
Just over half of economists surveyed expect the Bank of Japan to hike rates in December
Survey on what to expect from the Bank of Japan conducted by...
European Central Bank President Lagarde, plus Nagel & Schnabel (& others) speaking Friday
Another packed agenda of European Central Bank speakers today. Times below are...
Daily Broad Market Recap – November 21, 2024
Geopolitical tensions between Russia and Ukraine were still front and center, driving...
Swiss National Bank Chairman of the Governing Board, Martin Schlegel, speaking Friday
1230 GMT / 0730 US Eastern time: Speech by SNB’s Chairman of...
Leave a comment