US stock futures steady after Nvidia rebound boosts Wall Street
Investing.com-- U.S. stock index futures steadied in evening deals on Tuesday after a rebound in market darling Nvidia and other chipmakers supported Wall Street indexes.
Gains in the stock spilled over into its chipmaking peers, and also helped bolster Wall Street indexes against losses in other sectors. Nvidia rose 0.9% in after-hours trading.data later this week. The reading is the Federal Reserve’s preferred inflation gauge, and is likely to factor into the central bank’s plans to begin trimming interest rates., although the central bank has given no such signal. The Fed had recently also slashed its outlook for rate cuts this year.
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