A trader worked on the floor of the New York Stock Exchange on February 24, 2025.
Brendan McDermid | Reuters
S&P 500 futures rose Wednesday night as investors digest NvidiaLatest results.
Futures are related to a wide range of market indices Obtain about 0.1%, while Nasdaq 100 Futures Increased by 0.1%. Dow Jones Industrial Average Futures Loss of 76 points, or nearly 0.2%.
NVIDIA share flashes near flat line Chip giants surpassed fourth-quarter estimates On top and bottom. The company has issued strong guidance reflecting ongoing demand driven by the AI competition. Salesforce Slide in disappointment Fourth quarter revenue Light guidance.
Stocks were at their highest level Wednesday as investors focused on President Donald Trump’s trade policy. At his first cabinet meeting, he said that the duties to Canada and Mexico would take effect and his trade war would include a 25% tariff on EU goods.
this S&P 500 It made a 0.01% gain on Wednesday, ending a four-day loss. 30 shares Dow Jones It fell by 188 points, about 0.4%. high tech Nasdaq Composite Materials Increased by nearly 0.3%.
“Practice caution. The significant advantages of the stock in recent months show that any disadvantages should be taken care of,” said Forex market analyst Fawad Razaqzada. “Forex, lower corrective measures will not be unpopular for the Bulls, as it may offer more attractive entry opportunities in the future. But today, everything else may play Nvidia’s revenue result for the second fiddle.”
Indeed, a recent series of economic reports, including expected consumer confidence readings, disappointing retail numbers and weak consumer sentiment readings, has disturbed stocks and raised concerns about the health of the U.S. economy.
Traders will focus on Thursday’s weekly unemployment claims, but they are looking forward to Friday’s personal consumption expenditure price index – the Fed’s preferred inflation scale.
In terms of quarterly earnings, Warner Bros. Discover and Dell Technology It is planned to report on Thursday.