US futures nudge lower as eyes turn to CPI
From Yahoo Finance:
Nvidia’s stock is weakening in pre-market trading following a sharp intraday reversal on Friday. Analysts predict Nvidia’s performance will impact the broader market this week amid slower macro data and earnings releases. BTIG notes a consolidation in the AI trade may be starting after Nvidia’s key reversal day. Deutsche Bank highlights Nvidia’s massive three-hour stock wipe of $250 billion on Friday, despite still posting gains for the week. The S&P 500 narrowly missed advancing for the tenth week in a row due to Nvidia’s sell-off. Investors are keeping a close watch on Nvidia’s movements.
Read more at Yahoo Finance: US futures nudge lower as eyes turn to CPI