U.S. Stock Futures Rise Ahead of Nvidia and Retail Earnings
U.S. stock futures advanced modestly in early trading as investors turned their attention to upcoming earnings reports from Nvidia and major retailers. The Nasdaq 100, S&P 500, and Dow Jones Industrial Average futures climbed 0.98%, 0.61%, and 0.22%, respectively, reflecting cautious optimism.
Last week's mixed performance saw the Nasdaq Composite dip 0.5% amid tech sector weakness, while the Dow and S&P 500 eked out gains. Market sentiment remains tethered to macroeconomic uncertainty, particularly around the Federal Reserve's policy trajectory and delayed employment data.
The impending release of September's non-farm payrolls report looms large, with potential implications for interest rate decisions. As traditional markets navigate these crosscurrents, digital asset investors are watching for potential spillover effects on cryptocurrency valuations.
