Stock market today: Dow, S&P 500, Nasdaq futures climb ahead of week poised to shake markets
Futures attached to the Dow Jones Industrial Average (YM=F) gained 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) ticked up 0.2%.
On Monday, the S&P 500 and Nasdaq eked out record highs amid an otherwise subdued trading session as Wall Street digested a new trade deal between the US and EU.
Read more: The latest on Trump's tariffs
Wall Street heats up Tuesday. Boeing (BA) and Starbucks (SBUX) are set to report earnings with investors eager for signs of turnarounds underway, while Spotify (SPOT) is expected to issue results that feature cautious guidance. Fresh data on job openings from the Labor Department is also set to land, along with a new reading of the Conference Board's consumer-confidence index.
Later in the week, investors are bracing for market-moving decisions and results, including the Federal Reserve's next move on interest rates, the July jobs report, and earnings from tech giants Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), and Meta (META).
Finally, President Trump's deadline for trading partners to strike deals or else face blanket tariff rates arrives Friday amid a new wave of talks between the US and China.
Nvidia orders 300,000 H20 chips from TSMC to satiate Chinese demand
Reuters reports:
Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile.
Read more here.
Oil maintains gains with tariffs and OPEC+ supply in sight
Oil maintained gains following Trump putting pressure on Russia over the war in Ukraine with economic sanctions against Putin's government on the table.
Bloomberg reports:
Read more here.
Nvidia orders 300,000 H20 chips from TSMC to satiate Chinese demand
Reuters reports:
Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile.
Read more here.
Reuters reports:
Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile.
Read more here.
Oil maintains gains with tariffs and OPEC+ supply in sight
Oil maintained gains following Trump putting pressure on Russia over the war in Ukraine with economic sanctions against Putin's government on the table.
Bloomberg reports:
Read more here.
Oil maintained gains following Trump putting pressure on Russia over the war in Ukraine with economic sanctions against Putin's government on the table.
Bloomberg reports:
Read more here.
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