US stock futures point to modest gains, Nvidia and Tesla in focus
globalreutersJanuary 7, 20251 Mins read S&P 500 futures are up 0.3% shortly before the open.
The main driver of the gains is Nvidia, which is set to be the world’s largest company (once again) at the open. Shares are up 2.6% in the pre-market after unveiling a series of products late yesterday.
One drag is Tesla, with shares down 1.6% in the pre-market following a downgrade.
This would be the third day of gains for US stocks following a 5-day losing streak.
This article was written by Adam Button at www.forexlive.com.
Recent Posts
Categories
Related Articles
US dollar moves higher. Yields higher. Stocks lower after stronger CPI data
The markets are rocking and rolling after CPI data came in higher...
US January core CPI +3.3% vs +3.1% expected
Headline CPI:CPI +3.0% vs +2.9% expectedPrior was +2.9% y/ym/m reading at +0.5%...
OPEC leaves 2025 and 2026 global oil demand forecasts unchanged
Last year OPEC overestimated global oil demand and that led to some...
US CPI and 2nd day of Powell testimony. USD is mixed to kickstart the day
As the North American session begins, the EURUSD and the GBPUSD are...
Leave a comment