Market futures tracking inflation data, AI stocks strong, market rebounded, Nvidia struggles

From Investor’s Business Daily: 2024-08-11 15:05:37

Dow Jones futures open this evening, along with other market futures to track inflation data this week. Stock market rebounded after global sell-off on August 5. AI stocks showing strength include Meta Platforms, Palantir Technologies, ServiceNow, Samsara, Arista Networks, and Taiwan Semiconductor. Elon Musk may interview Donald Trump on Monday night. Trump likely to discuss electric vehicle policies, Bitcoin, and cryptocurrencies. Market volatility continues, with indexes attempting a rally. Treasury yields rebound, key economic data expected this week. ETFs gained/declined last week. Palantir, Meta, ServiceNow, Samsara, Arista, and Taiwan Semiconductor stocks performing well. Nvidia continues to struggle. Market rally not confirmed yet, follow-through day needed. Investors watching for new opportunities amidst market uncertainty.



Read more at Investor’s Business Daily: Dow Jones Futures Due: Market Rally Setting Up; AI Stocks Near Buy Points As Nvidia Struggles