Stock futures rise as Nvidia shares jump 4% after earnings: Live updates
Wall Street declined Tuesday as rising oil prices and a government bond sell-off intensified inflation fears. The Nasdaq fell 1.1%, the S&P 500 dropped 0.7%, and the Dow fell 0.6%. Brent crude oil topped $90, pushing the US 10-year yield to its highest level since January 2025. These factors increased borrowing costs and pressured equities, erasing the initial momentum from Nvidia's positive earnings report. Global bond yields in the US, UK, Japan, and Eurozone rose following escalation in the Middle East.
What changed
US indices shifted from futures gains to actual losses on Tuesday due to oil-driven inflation fears.
Live updates
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US stocks fall as oil prices and bond yields climb
Wall Street declined Tuesday as rising oil prices and a government bond sell-off intensified inflation fears. The Nasdaq fell 1.1%, the S&P 500 dropped 0.7%, and the Dow fell 0.6%. Brent crude oil topped $90, pushing the US 10-year yield to its highest level since January 2025. These factors increased borrowing costs and pressured equities, erasing the initial momentum from Nvidia's positive earnings report. Global bond yields in the US, UK, Japan, and Eurozone rose following escalation in the Middle East.
Why it matters
Previous optimism centered on Nvidia's projected 70% fiscal 2028 revenue growth. Current volatility stems from geopolitical tensions in the Middle East affecting energy markets. High bond yields typically lower the present value of future corporate earnings.
What is confirmed
- The S&P 500 fell 0.7% on Tuesday.
- The Nasdaq declined 1.1% on Tuesday.
- Rising oil prices triggered a sell-off in government bonds.
- The Dow fell 0.6% on Tuesday.
Still unconfirmed
- Oil prices topped $90.
- The US 10-year yield reached its highest level since January 2025.
- Middle East tensions caused global bond yields to jump across the US, UK, Japan, and Eurozone.
What to watch next
- Further movement in Brent crude oil prices
- Changes in US 10-year Treasury yields
- Official statements on Middle East escalation
confidence 90%Sources used for this update (5)
- economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Nasdaq falls over 1% as bond sell-off, rising oil fuel inflation fears
- www.theglobeandmail.com — The Zacks Analyst Blog Highlights Broadcom, Nvidia, Palantir, Fortinet and Quanta Services
- www.livemint.com — Oil tops $90 as inflation fears push US 10-year yield to highest since January 2025
- www.briefs.co — Global Government Bond Yields Jump After Middle East Escalation
- www.briefs.co — Guggenheim's commercial paper arm says it's business as usual as probes swirl
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Stock futures rise as Nvidia shares jump 4% after earnings
US stock futures rose after Nvidia's second-quarter earnings report surpassed analyst forecasts, with Nvidia shares gaining over 4%. The company projected fiscal 2028 revenue growth of 70%, sparking a rally in chip stocks and boosting Nasdaq futures by 1% and S&P 500 futures by 0.4%. Asian markets mostly rose, with Indian stocks showing volatility due to geopolitical uncertainty and sliding oil prices.
Why it matters
The strong earnings report from Nvidia has boosted investor sentiment, particularly in the tech sector. Nvidia's results have significant implications for the semiconductor industry and the broader market. The company's revenue growth projection for fiscal 2028 has exceeded analyst expectations.
What is confirmed
- Nvidia shares gained over 4% after the company's second-quarter earnings report
- Nvidia projected fiscal 2028 revenue growth of 70%
- Nasdaq futures rose by 1% and S&P 500 futures by 0.4% following Nvidia's earnings report
What to watch next
- Federal Reserve Chair Kevin Warsh's speech at Jackson Hole
- US rate hike outlook
- Nvidia's future earnings reports
confidence 100%Sources used for this update (5)
- economictimes.indiatimes.com — Dow Jones
- economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US markets turn green after Fed chief Warsh's speech at Jackson Hole
- economictimes.indiatimes.com — Dow Jones| Nasdaq | US Stock Market Today | Live: US stocks trade lower as Iran war escalation sends oil prices up
- www.cnbc.com — Why Nvidia and CrowdStrike are up in an otherwise down stock market
- finance.yahoo.com — Stock market today: Dow, S&P 500, Nasdaq fall as US strikes Iran, rate-hike bets jump
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Nvidia Shares Jump 4% as Company Forecasts 70% Revenue Growth
US stock futures and Asian markets rose following Nvidia's second-quarter earnings report, which surpassed analyst forecasts. Nvidia shares gained over 4%, and the company projected fiscal 2028 revenue growth of 70%. The results sparked a rally in chip stocks and boosted Nasdaq futures by 1% and S&P 500 futures by 0.4%. While the strong results buoyed most Asian markets, Indian stocks showed volatility on August 27, closing in the red due to geopolitical uncertainty and sliding oil prices before opening higher on August 28.
Why it matters
Nvidia's performance is a primary indicator of AI demand and investor confidence in the tech sector. The company's guidance on revenue growth addresses concerns regarding the sustainability of the AI rally. Market reactions now shift toward upcoming global policy signals and Federal Reserve actions.
What is confirmed
- Nvidia shares rose more than 4% following its earnings report.
- Nvidia's second-quarter results surpassed analyst forecasts.
- Nvidia forecasts revenue growth of 70% for fiscal 2028.
- Nasdaq futures rose 1% and S&P 500 futures rose 0.4% on August 27.
- Asian stocks rose for a third consecutive day following the Nvidia report.
Still unconfirmed
- Nvidia more than doubled its purchases from memory stocks MU, SNDK, and SKHY.
- Talks between Iran and Oman may lead to the reopening of the Strait of Hormuz.
What to watch next
- Federal Reserve policy signals
- Further data center results from Nvidia's Q2 2027 report
confidence 95%Sources used for this update (13)
- MarketWatch — Nvidia earnings are only hours away. Here’s everything you need to know.
- CNBC — Stock futures rise as Nvidia shares jump 4% after earnings: Live updates
- www.cnbc.com — Nvidia forecasts fiscal '28 revenue growth of 70%, soaring past estimates: Live updates
- Bloomberg — Nasdaq Futures Rise on Bullish Nvidia Sales Growth: Markets Wrap
- Reuters — Asian stocks rise for third day as Nvidia beats
- www.cnbc.com — Stock futures rise as Nvidia shares gain over 4% after earnings: Live updates
- Yahoo Finance — MU, SNDK, SKHY: Memory Stocks Surge Overnight After Nvidia More Than Doubles Purchases
- economictimes.indiatimes.com — Sensex Today | Nifty50 | Stock Market LIVE Updates: Sensex falls over 250 points, Nifty below 24,150; metal, PSU bank stocks decline
- www.thehindubusinessline.com — Sensex today | Stock Market Highlights: Sensex slips below 77,000, Nifty ends at 24,091 amid market volatility
- www.globalbankingandfinance.com — Morning Bid: Jensen to market: We're so back
- finance.yahoo.com — Stock market today: Dow, S&P 500, Nasdaq futures rise as Nvidia, Salesforce earnings boost tech
- economictimes.indiatimes.com — Sensex Today | Nifty50 | Stock Market LIVE Updates: Sensex jumps over 200 pts, Nifty above 24,100; Infosys, Eternal rise 2% each