US stock futures rise as Nvidia recovers, 10-year Treasury yield nears 5%
FROM THE WIRE · FINANCE.YAHOO.COM
US stock futures rose on Wednesday as Nvidia and other chip stocks crept higher, investors shifted their bets on a Fed rate hike next month, and cryptocurrencies fell. Futures on the Dow Jones Industrial Average (YM=F) rose 0.1%, while those on the S&P 500 (ES=F) climbed 0.8%.…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralYields near 5% and bets on a Fed hike can weigh on equity valuations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Dow, S&P 500 and Nasdaq-100 futures rise as Nvidia and chip stocks recover.
- 02The 10-year Treasury yield briefly tops 5% after hotter-than-expected CPI data.
- 03Investors shift bets toward a possible Fed rate hike next month.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA Corporation168.89 USDMarket closedtoday -5.47%Positive S&P 5007,520.93Market closedtoday -0.38%Positive Dow Jones Industrial Average52,231.89Market closedtoday -0.30%Positive NASDAQ Composite25,065.88Market closedtoday -0.74%Positive
US 10-Year Treasury—n/aNegative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets