Dow Jones Futures: Fed Meeting, Nvidia AI Event Loom As Big Market Tests; What To Do Now
From Investor’s Business Daily:
Dow Jones, S&P 500, and Nasdaq futures are set to open Sunday evening. The stock market had a mixed week, with some indices remaining steady while others dipped below key moving averages. The Federal Reserve meeting, Nvidia’s GTC Conference, and Microsoft’s “New Era Of Work” event are highlights for the coming week. Nvidia and Microsoft’s developments in AI will impact tech companies like AMD, Google, Oracle, and more. The market rally is facing a pullback, with the Nasdaq and Russell 2000 dropping. The Fed meeting will indicate rate cut forecasts, while Nvidia and Microsoft unveil new AI advancements. Adobe’s poor guidance affected the AI software sector. Stocks like Microsoft, Oracle, and Google offer buying opportunities after slight declines._AI Stocks Near Buy Points Revenue forecasts in the AI sector look positive for companies like Oracle, ServiceNow, and Arista Networks. Google, ARM, and Microsoft are also key players in the AI market. NVIDIA’s GTC conference will showcase new AI technology, including an AI chip. Microsoft’s “New Era Of Work” event will highlight AI features. The Federal Reserve will meet to discuss rate cut projections. The stock market experienced a mixed week as some indices remained steady, while others dipped. The market is in a pullback phase, with some stocks offering buying opportunities. Dow futures open Sunday along with S&P 500 and Nasdaq futures.
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