The trader works on the floor of the New York Stock Exchange on February 24, 2025.
Brendan McDermid | Reuters
The S&P 500 futures remained little different on Wednesday night as investors digested it nvidiaThe latest results.
Futures tied to a wide range of market indices I hugged the flat line. Nasdaq 100 futures I slid 0.1%. Dow Jones Industrial Average Futures Losing 39 points, or about 0.1%.
Nvidia's stock was slightly lower, even after the chip giant surpassed its four-quarter estimate on the top and bottom lines. The company has issued strong guidance, reflecting the ongoing demand driven by the artificial intelligence race. Salesforce We slid 5% with disappointing fourth quarter revenue and light guidance.
Stocks fell from the session highs on Wednesday as investors grew with concern over President Donald Trump's trade policy. At his first cabinet meeting, he said his obligations against Canada and Mexico would be in effect, and his trade war would include a 25% tariff on goods from the European Union.
S&P 500 He earned just 0.01% gain on Wednesday, finishing his four-day loss. 30 stock Dow It dropped 188 points, or about 0.4%. There are a lot of technology Nasdaq Composite Almost 0.3% has been added.
“It requires caution. The outstanding strength of stocks over the last few months suggests that the drawbacks need to be approached with all caution,” says Forex market analyst Fawad Razakizada. “For the Bulls, a corrective move is not welcome as it could present a more attractive entry opportunity in the future. But today, everything else could play a second fiddle against Nvidia's revenue results.”
Certainly, recent surges in economic reports, including softer than expected consumer confidence readings, disappointing retail sales numbers, and weaker consumer sentiment readings, rattling stocks and causing concerns about the health of the US economy.
Traders will turn to the weekly unemployed claims on Thursday, but they look forward to the Friday Personal Consumption Expense Price Index, the Federal Reserve's priority inflation gauge.
At the forefront of quarterly revenue Warner Bros Discovery and Dell Technologies I'll report it on Thursday.
