Stock Market Today: Futures Climb as Wall Street Wait for Nvidia Earnings Report
US stock futures climbed as Wall Street braced for Nvidia's quarterly earnings report, with contracts on the Nasdaq 100 leading the advance and S&P 500 futures putting on 0.4%. The tech-heavy index has lagged behind the broader market this year, sparking concerns about its prospects amidst US tariff threats and export controls. Investors are eager to gauge revenue from Nvidia's Blackwell chips in the upcoming earnings report.
- As the tech sector continues to dominate market performance, it remains to be seen whether other "Magnificent Seven" stocks will follow suit and contribute significantly to the gains of the S&P 500.
- How will the ongoing trade tensions between the US and China impact the global semiconductor industry, particularly for companies like Nvidia that rely heavily on Chinese supply chains?