Become A Wiser, More Profitable Investor

✅   US Futures Jump Ahead Of Nvidia Earnings, Europe Hits Another Record

tech

US equity futures are higher, reversing much of yesterday's drop, and European bourses are at all time high, as the market braces for NVDA earnings after today’s close. As of 7:30am, S&P futures are up 0.6% while Nasdaq futures jump 0.8% as all Mag7 names are higher premarket ex-AAPL, while NVDA rises 2.6% aiding the bid for Semis and signaling a rebound on Wall Street after Tuesday’s drop, fueled by a weaker-than-expected consumer confidence print that stirred fears of an economic downturn. Bond yields are 1-2bps higher but with little reaction to the House passing the blueprint for the next budget that is likely to materially increase the deficit.

ZeroHedge Opinion     Feb 26, 2025