Markets Point Lower as Stocks Weigh on Yesterday’s Surges

US stock futures fell after indexes surged in the prior session, driven by Federal Reserve rate-cut projections. The tech-focused Nasdaq index rose 1.4% and the Dow Jones Industrial Average gained 0.9%, while futures for gold and oil declined. Investors now await quarterly earnings reports from Nike (NKE) and FedEx (FDX).

Nvidia CEO Jensen Huang announced plans to spend “several hundred billion” on US production over four years, citing disruptions in its supply chain due to President Trump’s tariff policies.

Boeing shares rose 7% after the company announced new orders and a positive assessment of tariffs by its CFO. The shipping giant FedEx is expected to report 20% year-over-year adjusted earnings per share growth when it releases fiscal third-quarter results later today.

Source: https://www.investopedia.com/5-things-to-know-before-the-stock-market-opens-march-20-2025-11700267