Reported 8 months ago
S&P and Nasdaq futures surged as Nvidia continued its rally, becoming the world's most valuable company with a market capitalization of $3.34 trillion. Investors await economic data and Federal Reserve officials' comments on interest rate cuts, with markets anticipating a 66% chance of a rate cut in September. Yields on Treasury notes also increased. Other companies such as Dell Technologies and Super Micro Computer saw stock gains, while Enphase Energy's shares fell after J.P. Morgan reduced its target price.
Source: YAHOO