From Yahoo Finance: 2024-05-22 23:33:50

US equity futures surged after Nvidia Corp. reported strong earnings, expecting second-quarter revenue of $28 billion, 10-for-1 stock split, and a 150% dividend increase. Semiconductor stocks in Asia rose, influenced by Nvidia’s positive earnings. Asian shares were mixed, with Japanese stocks rising and Chinese ones leading the decline. Treasury yields were stable, impacted by Federal Reserve minutes showing officials unsure about economy restraint. Tech earnings remain strong in the US, with projections of global tech earnings growth. Key events this week include Eurozone PMIs, G-7 finance meeting, US new home sales, and more. Stock and currency movements varied across regions.

Read more at Yahoo Finance: Nvidia Earnings Lifts US Futures, Asian Chipmakers: Markets Wrap