Markets await Sunday evening’s opening of Dow Jones, S&P 500, and Nasdaq futures as global trade tensions rise. President Donald Trump increased the global tariff rate to 15% on Saturday, just a day after setting a 10% duty. Investors will be watching Nvidia’s earnings closely.
The stock market rose last week, with the Nasdaq leading the way. The S&P 500 reclaimed an important level on Friday, and the Supreme Court’s ruling on tariffs could impact the market. With Nvidia set to release its Q4 earnings report, investors are looking for guidance from the tech giant.
Other news includes a report that just eight stocks control over a third of the S&P 500’s cash, as well as news about AI companies like OpenAI and their potential funding rounds. The Nasdaq is expected to continue its upward trend, while the market waits with bated breath for Trump’s next move on trade policies.
Key Takeaway: Markets are bracing for the impact of President Trump’s new tariff rates and Nvidia’s Q4 earnings report, which could influence global trade tensions and tech sector performance.
Source: https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-trump-tariff-ruling-iran-news-nvidia-earnings