Stocks Struggle to Find Direction Ahead of Nvidia Results: Summary of Financial Markets

Reported 6 months ago

US equity futures are steady as investors await Nvidia Corp.'s pivotal earnings, with the Nasdaq 100 flat and the S&P 500 slightly lower. Nvidia's results, anticipated to show a 243% increase in revenue, could influence further market gains after the stock hit record highs. Concerns about high inflation impacting central bank policies are also prevalent, highlighted by UK data showing slower-than-expected inflation and the Reserve Bank of New Zealand keeping rates unchanged. European markets are monitoring a potential takeover bid by BHP Group Ltd. for Anglo American Plc, while US stock movers include Target Corp., Lululemon Athletica Inc., and Tesla Inc. amid various announcements.

Source: YAHOO

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