Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.
U.S. stock futures eked out gains on Wednesday following Monday’s advances. Futures of major benchmark indices were largely higher.
Investors await Nvidia Corp.‘s (NASDAQ:NVDA) earnings, scheduled to be released after the closing bell today. The four-billion-dollar tech giant’s earnings will serve as a barometer for market strength and verdict of AI spending.
Meanwhile, Federal Reserve Governor Lisa Cook will be filing a lawsuit to prevent her firing by President Donald Trump, according to a lawyer hired by the central bank official.
The 10-year Treasury bond yielded 4.26% and the two-year bond was at 3.65%. The CME Group’s FedWatch tool‘s projections show markets pricing an 87.3% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision.
| Futures | Change (+/-) |
| Dow Jones | 0.06% |
| S&P 500 | 0.04% |
| Nasdaq 100 | 0.03% |
| Russell 2000 | -0.06% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. The SPY was up 0.12% at $645.93, while the QQQ advanced 0.14% to $573.39, according to Benzinga Pro data.
Cues From Last Session
Overall, the market saw a positive performance on Tuesday, with the majority of sectors ending the day in the green, signaling broad-based investor confidence.
The Industrials sector was the standout performer, surging by 1.03%. This was followed closely by the Financials sector, which posted a solid gain of 0.76%. Other sectors contributing to the positive market sentiment included Health Care, Information Technology, Consumer Discretionary, Materials, and Utilities (+0.22%).
However, not all sectors shared in the day’s gains. The Consumer Staples sector was the biggest laggard, declining by 0.46%. Other sectors that ended in negative territory were Real Estate, Communication Services, and Energy.
On the economic front, while durable-goods orders in July fell by 9.3%, the decline was smaller than the 10.4% drop that had been forecasted. This follows …
Full story available on Benzinga.com
Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.
U.S. stock futures eked out gains on Wednesday following Monday’s advances. Futures of major benchmark indices were largely higher.
Investors await Nvidia Corp.‘s (NASDAQ:NVDA) earnings, scheduled to be released after the closing bell today. The four-billion-dollar tech giant’s earnings will serve as a barometer for market strength and verdict of AI spending.
Meanwhile, Federal Reserve Governor Lisa Cook will be filing a lawsuit to prevent her firing by President Donald Trump, according to a lawyer hired by the central bank official.
The 10-year Treasury bond yielded 4.26% and the two-year bond was at 3.65%. The CME Group’s FedWatch tool‘s projections show markets pricing an 87.3% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision.
| Futures | Change (+/-) |
| Dow Jones | 0.06% |
| S&P 500 | 0.04% |
| Nasdaq 100 | 0.03% |
| Russell 2000 | -0.06% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. The SPY was up 0.12% at $645.93, while the QQQ advanced 0.14% to $573.39, according to Benzinga Pro data.
Cues From Last Session
Overall, the market saw a positive performance on Tuesday, with the majority of sectors ending the day in the green, signaling broad-based investor confidence.
The Industrials sector was the standout performer, surging by 1.03%. This was followed closely by the Financials sector, which posted a solid gain of 0.76%. Other sectors contributing to the positive market sentiment included Health Care, Information Technology, Consumer Discretionary, Materials, and Utilities (+0.22%).
However, not all sectors shared in the day’s gains. The Consumer Staples sector was the biggest laggard, declining by 0.46%. Other sectors that ended in negative territory were Real Estate, Communication Services, and Energy.
On the economic front, while durable-goods orders in July fell by 9.3%, the decline was smaller than the 10.4% drop that had been forecasted. This follows …
Full story available on Benzinga.com
Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.
U.S. stock futures eked out gains on Wednesday following Monday’s advances. Futures of major benchmark indices were largely higher.
Investors await Nvidia Corp.‘s (NASDAQ:NVDA) earnings, scheduled to be released after the closing bell today. The four-billion-dollar tech giant’s earnings will serve as a barometer for market strength and verdict of AI spending.
Meanwhile, Federal Reserve Governor Lisa Cook will be filing a lawsuit to prevent her firing by President Donald Trump, according to a lawyer hired by the central bank official.
The 10-year Treasury bond yielded 4.26% and the two-year bond was at 3.65%. The CME Group’s FedWatch tool‘s projections show markets pricing an 87.3% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision.
Futures
Change (+/-)
Dow Jones
0.06%
S&P 500
0.04%
Nasdaq 100
0.03%
Russell 2000
-0.06%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. The SPY was up 0.12% at $645.93, while the QQQ advanced 0.14% to $573.39, according to Benzinga Pro data.
Cues From Last Session
Overall, the market saw a positive performance on Tuesday, with the majority of sectors ending the day in the green, signaling broad-based investor confidence.
The Industrials sector was the standout performer, surging by 1.03%. This was followed closely by the Financials sector, which posted a solid gain of 0.76%. Other sectors contributing to the positive market sentiment included Health Care, Information Technology, Consumer Discretionary, Materials, and Utilities (+0.22%).
However, not all sectors shared in the day’s gains. The Consumer Staples sector was the biggest laggard, declining by 0.46%. Other sectors that ended in negative territory were Real Estate, Communication Services, and Energy.
On the economic front, while durable-goods orders in July fell by 9.3%, the decline was smaller than the 10.4% drop that had been forecasted. This follows …Full story available on Benzinga.com Read MoreELAN, Equities, MDB, NCNO, News, NVDA, OKTA, OLPX, PVH, QQQ, SNOW, SPY, Markets, SPY, US78462F1030, NVDA, US67066G1040, PVH, US6936561009, QQQ, US73935A1043, ELAN, SNOW, OKTA, MDB, NCNO, OLPX, News, Equities, Markets, Benzinga Markets
