Stock Market News Today: Futures Dip As Investors Await Inflation Data
US stocks look set to start the week lower as traders await clues on the Federal Reserve's next interest rate moves.
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US stocks look set to start the week lower as traders await clues on the Federal Reserve's next interest rate moves.
US futures were steady in premarket trading Friday after Nvidia posted a record $277 billion rise in its value on Thursday.
Shares in the AI chipmaker surged as much as 14% in premarket trading after reporting better-than-expected quarterly revenues on Wednesday.
Traders are waiting on blockbuster earnings from AI juggernaut Nvidia, which is due to report after Wednesday's closing bell.
The S&P 500 was on pace to pass 5,000 points for the first time Friday following a strong start to the year for stocks.