US stock futures edge lower with Nvidia earnings, rate cuts in focus
Investing.com-- U.S. stock index futures fell in evening deals on Sunday, cooling after a rally on Wall Street as comments from Federal Reserve officials cemented expectations for a September interest rate cut.
The chipmaker’s earnings and outlook are also set to offer more cues on the state of AI demand, and come after a slew of mixed earnings from other technology heavyweights raised questions over just how much of an AI-fuelled market rally over the past year was justified. Majors such as Alphabet Inc (NASDAQ:
Expectations of rate cuts also saw traders sell tech and pivot into more economically sensitive, value-oriented sectors.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As NASDAQ reels, Nvidia opens 14% lower in stock bloodbathFolks, we’re panicking here. The Middle East is ablaze with tension again on Monday after the US government said that an attack by Hezbollah and Iran on Israel is imminent.
Read more »
Is this the right time to buy NVIDIA stock?NVIDIA stock is down about 10% since the June 10 stock split The company got some good news recently from Microsoft and Meta on AI spending Is this a good time to buy NVIDIA stock? NVIDIA stock is down 10% since the stock split.
Read more »
Nvidia stock slips on reports of DOJ antitrust probeNvidia stock slips on reports of DOJ antitrust probe
Read more »
AMD vs. Intel vs. Nvidia: Which Chip Stock Is Likely to Offer the Largest Returns?Stocks Analysis by The Tokenist (Timothy Fries) covering: Intel Corporation, Qualcomm Incorporated, Apple Inc, NVIDIA Corporation. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Read more »
TSMC stock correction overdone amid reports of Nvidia delays- CitiTSMC stock correction overdone amid reports of Nvidia delays- Citi
Read more »
Nvidia stock's recent decline may present a buying opportunity for some investorsThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Read more »