The futures of Nasdaq and from S&P 500 on Tuesday (15), with the investors preparing for the dissemination of swing of the main creditors of Wall Streetas well as for data from inflation that can influence expectations about when the federal reserve will reduce the interest rate.
The future of S&P 500 up 0.36%, while Nasdaq 100’s future contract was up 0.58%, and Dow Jones’s future fell on 0.1%.
Nasdaq 100 futures were driven by Nvidia’s gains after the chip manufacturer announced plans to restart sales of its H20 chip to China. The company’s shares rose 5.2% in pre-opening negotiations.
The news also boosted other chip manufacturers, with Advanced Micro Devices climbing 3.6% and Marvell Technology advanced 2.7%.
Meanwhile, the balance season is about to begin with, with the banking sector giants JPMorgan Chase, Wells Fargo and Citigroup spreading their quarterly results before the opening trading session.
Despite President Donald Trump’s new tariff threats – this time directed to Russia – markets have widely ignored rhetoric, focusing on negotiations with US business partners.
Expectations increased after Trump signaled a willingness to talk after his 30% rate on the European Union and Mexico running weekend from August 1.
The attention is still focused on the June Consumer Price Report, scheduled for 9:30 am, with investors attentive to any signs that tariffs are fostering inflation.
