Stock futures rise as Nvidia shares jump 4% after earnings: Live updates
US stock futures tried to bounce back from a three-day slide as investors awaited vital US inflation figures to gauge the Federal Reserve path on interest rates. Elevated Treasury yields and oil prices exceeding $100 per barrel weighed on equities alongside premarket losses for American Eagle. Simultaneously, global commodity markets faced heavy disruption as London Metal Exchange copper climbed to a record $14,533 per ton driven by US tariff arbitrage that shifted inventories stateside and pinched international supplies.
What changed
US stock futures attempted a recovery following a three-day slide, contrasting with a severe 1.4 percent tumble for the Australian share market.
Live updates
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US Stock Futures Attempt Recovery as Oil Tops $100 and Inflation Data Looms
US stock futures tried to bounce back from a three-day slide as investors awaited vital US inflation figures to gauge the Federal Reserve path on interest rates. Elevated Treasury yields and oil prices exceeding $100 per barrel weighed on equities alongside premarket losses for American Eagle. Simultaneously, global commodity markets faced heavy disruption as London Metal Exchange copper climbed to a record $14,533 per ton driven by US tariff arbitrage that shifted inventories stateside and pinched international supplies.
Why it matters
The broader financial markets are absorbing conflicting signals from rising energy costs, aggressive monetary policy expectations, and shifting trade flows. Commodities are reacting strongly to potential policy changes, while corporate developments see OpenAI targeting major banks with a finance-focused ChatGPT launch.
What is confirmed
- US stock futures attempted to recover after a three-day slide as investors awaited US inflation data.
- Oil prices traded above $100 a barrel while higher Treasury yields kept pressure on equities.
- LME copper soared to $14,533 per ton amid US tariff arbitrage.
Still unconfirmed
- American Eagle shares fell sharply in premarket trading.
What to watch next
- Release of US inflation data and its impact on the Federal Reserve interest rate path
- Further movements in LME copper inventories and US tariff policy developments
confidence 100%Sources used for this update (5)
- www.briefs.co — Copper Hits New Record on LME as US Tariff Fears Reroute Metal and Pinch Supply
- www.afr.com — ASX tumbles 1.4pc in the market’s worst day for three months
- economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US stocks slip, oil tops $105 as markets await U.S. inflation data
- www.briefs.co — OpenAI Rolls Out ChatGPT for Financial Services
- www.briefs.co — Kenya clears Diageo's $2.3B EABL stake sale, but with strings attached
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Global Markets Slip as Tech and Mining Post Mixed Results
Australian shares closed lower due to ex-dividend trades and geopolitical tensions, breaking a two-day rally despite positive movement on Wall Street and a gold rally. Meanwhile, chip giant Nvidia reported its equity holdings have grown to $99 billion as it expands backing for artificial intelligence labs, cloud providers, and infrastructure firms. In the mining sector, Hochschild Mining announced record half-year financial results driven by higher gold and silver prices alongside operational progress at its Mara Rosa mine in Brazil.
Why it matters
Global financial markets are reacting to conflicting pressures from corporate earnings, commodity price strength, and regional interest rate anxieties. While technology sector investments continue to scale up significantly, traditional equity markets in regions like Australia face headwinds from dividend schedules and cautious investor sentiment regarding monetary policy.
What is confirmed
- Australian shares closed lower as ex-dividend trades and geopolitical tensions impacted the market.
- Nvidia reported $99 billion in equity holdings as a major backer of artificial intelligence companies.
- Hochschild Mining reported its strongest-ever half-year financial performance supported by higher gold and silver prices.
Still unconfirmed
- Investors remain cautious regarding interest rate concerns and housing.
What to watch next
- Further updates on interest rate decisions by central banks
- Developments in operational capacity at the Mara Rosa mine
confidence 90%Sources used for this update (4)
- www.ibtimes.com.au — Australian Shares Slip As ASX 200 Snaps Two-Day Rally Amid RBA Rate Fears And Ex-Dividend Drag Today
- www.cnbc.com — Nvidia's investments grow to $99 billion as chip giant becomes major backer of AI companies
- finance.yahoo.com — Hochschild Mining Posts Record Half-Year Results as Mara Rosa Recovery Gains Pace
- uk.finance.yahoo.com — Pagaya Posted a Record $45 Million Profit. Is AI Lending Finally Working?
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US stocks rise as Fed Governor Waller signals rate stability
Wall Street indices including the Dow, S&P 500, and Nasdaq traded higher on Thursday. This recovery follows three days of declines and comes after Fed Governor Christopher Waller indicated he might support holding interest rates steady this month provided inflation continues to cool. Investors are now shifting focus toward Friday. Separately, NY Fed President John Williams stated that rising Treasury yields are a sign of economic strength rather than market dysfunction, maintaining that Federal Reserve policy remains dependent on incoming data.
Why it matters
Recent market volatility was driven by rising oil prices and a bond sell-off that pushed the US 10-year yield to its highest level since January 2025. These conditions initially offset gains from Nvidia's earnings. Markets are currently balancing Middle East tensions against signals of potential interest rate stability.
What is confirmed
- The Dow, S&P 500, and Nasdaq rose on Thursday.
- Fed Governor Christopher Waller said he could support holding interest rates steady this month if inflation continues to cool.
- NY Fed President John Williams stated that higher Treasury yields reflect strong economic prospects.
- Average 401(k) balances increased 10.5% from March to June.
Still unconfirmed
- GE Vernova signed an agreement to repair Venezuela's power grid to revive oil output.
- The Reserve Bank of India could face costs between $10.6 billion and $12.7 billion over five years from swaps and liquidity measures.
What to watch next
- Friday market data and economic reports
- Federal Reserve interest rate decision for September
confidence 100%Sources used for this update (6)
- www.briefs.co — New York Fed's Williams says rising yields reflect economic strength, not broken markets
- www.briefs.co — GE Vernova signs on to help rebuild Venezuela's failing power grid
- economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US stocks rise as Waller signals openness to holding rates steady
- finance.yahoo.com — Stock market today: Dow, S&P 500, Nasdaq rise, yields fall as investors weigh Middle East tensions
- www.briefs.co — Average 401(k) balances just had their biggest quarterly jump since 2020
- www.briefs.co — India Raised $127 Billion From Diaspora, But RBI Faces Potential Bill
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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