Top Insights
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.
Related Articles
FX Weekly Recap: February 17 – 21, 2025
The majors were all about trade tensions and central banks’ moves this...
Global Market Weekly Recap: February 17 – 21, 2025
Geopolitical developments continued to be a driving force in the markets, initially...
Forexlive Americas FX news wrap: Stocks take a nosedive, inflation expectations jump
UMich final February consumer sentiment 64.7 versus 67.8 expectedUS long-term inflation expectations...
Bybit crypto exchange hit by the largest theft of any kind, ever
It was a tough day in the market but that's nothing compared...
Leave a comment