Stock Market Today: Stocks Advance as Effects of Bessent's 'D-Day' Look Contained
The Dow and S&P 500 are trending upward while chip stocks jump ahead of upcoming Nvidia earnings and inflation reports. Bitcoin has extended its rally to cross above $80,000. Global markets show mixed results, with Asian shares fluctuating and oil prices remaining steady below $88 a barrel. US stock futures are currently reported as either flat or rising as the market anticipates key economic indicators and corporate results due later this week.
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- ✓ Investors are awaiting Nvidia earnings and inflation data due later this week.
- ✓ Bitcoin has crossed above $80,000.
What changed
Bitcoin crossed the $80,000 threshold while chip stocks rose ahead of Nvidia results.
Live updates
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US Stocks Edge Higher as Investors Await Nvidia and Inflation Data
The Dow and S&P 500 are trending upward while chip stocks jump ahead of upcoming Nvidia earnings and inflation reports. Bitcoin has extended its rally to cross above $80,000. Global markets show mixed results, with Asian shares fluctuating and oil prices remaining steady below $88 a barrel. US stock futures are currently reported as either flat or rising as the market anticipates key economic indicators and corporate results due later this week.
Why it matters
Nvidia earnings and inflation data often act as primary catalysts for volatility in the technology sector and broader equity markets. Oil prices are currently influenced by increased US pressure on Iran.
What is confirmed
- Investors are awaiting Nvidia earnings and inflation data due later this week.
- Bitcoin has crossed above $80,000.
Still unconfirmed
- US stock futures are rising.
What to watch next
- Nvidia earnings report
- US inflation data release
confidence 80%Sources used for this update (5)
- CNBC — Stock futures are flat as investors await Nvidia earnings, inflation report due later this week: Live updates
- AP News — Asian shares are mixed and oil prices hold steady as the US raises pressure on Iran
- WSJ — Stock Market Today: Bitcoin Extends Rally, Crossing Above $80,000
- Investing.com — U.S. stock futures rise as investors await Nvidia results, inflation data By Investing.com
- MarketWatch — Stock Market Today: Dow and S&P 500 edge higher, chip stocks jump a day ahead of Nvidia results and inflation data; global oil prices below $88 a barrel
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