Inflation, Futures and Big Bank
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Investor's Business Daily on MSNDow Jones Futures: Nvidia Chipmaker Taiwan Semiconductor, GE Aerospace Rise On Earnings; Netflix LoomsDow Jones futures were little changed early Thursday, along with S&P 500 futures and Nasdaq futures. NvidiaNVDA chipmaker Taiwan SemiconductorTSM and GE AerospaceGE jumped on strong earnings and guidance.
Asian stocks trade mixed on Wednesday, followed by a weak lead from Wall Street overnight, as hotter-than-expected June inflation data reignited concerns about prolonged high interest rates and potential import levies Meanwhile,
The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, tariffs, and Trump-Powell drama.
Stock futures are little changed Thursday as investors digest quarterly results from major companies and await further developments in President Donald Trump's feud with Federal Reserve Chair Jerome Powell.
U.S. stock futures were mostly higher Tuesday after Nvidia set it's likely to resume sales of key chips to China, with a key inflation report and bank earnings on the way. Dow Jones Industrial Average futures fell 71 points,
Stock futures were little changed on Wednesday evening after the S&P 500 recouped some of its losses from this week's tariff-fueled slide. S&P 500 futures traded just below the flatline, along with Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average were down 37 points, or less than 0.1%.
Stock futures are higher this morning as investors unpack inflation data and a mixed bag of bank earnings. News that Nvidia (NVDA) plans to resume sales of its H20 AI chip to China is giving tech stocks a boost, and futures on the Nasdaq-100 Index (NDX) are up triple-digits following the Nasdaq Composite's (IXIC) record close yesterday.
Nasdaq-100 futures edged up modestly, boosted by premarket gains in Nvidia and TSMC, the world’s largest contract chipmaker, which reported record quarterly profit despite ongoing trade uncertainty. Dow and S&P 500 futures were little changed, with blue-chip names like GE Aerospace and PepsiCo in the spotlight.
June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.