Dow futures trade higher; Lowe's leads off more retail earnings By Investing.com

This jump was largely based on hefty gains by Nvidia , which closed over 8% higher, the biggest jump in nearly three months, as investors wanted exposure to the world’s most valuable chip designer ahead of quarterly results on Wednesday.) posting a smaller-than-expected drop in quarterly comparable sales and topped estimates for profit, helped by a boost from delayed spring season sales and sustained consumer spending on smaller projects.

The consumer has remained resilient in the face of inflation, which has been cooling off compared with last year's pace. Retailers should be able to project consumer spending trends heading into their important holiday sales season.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: Dow slips as consumer staples, energy fall to offset tech By Investing.comStock market today: Dow slips as consumer staples, energy fall to offset tech
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Dow futures slip, Zoom lifts 4% after earnings By Investing.comDow futures slip, Zoom lifts 4% after earnings
La source: Investingcom - 🏆 450. / 53 Lire la suite »