US stock futures steady after Wall St logs record highs; Earnings awaited

Investing.com-- U.S. stock index futures steadied in evening deals on Monday after a rally in technology shares spurred record highs on Wall Street, with focus turning to a string of key upcoming earnings and economic readings.

Trading volumes were somewhat slim on account of a federal holiday, although U.S. stock indexes were already perched at record highs after some strong bank earnings on Friday.Gains in major technology stocks were the biggest boost to U.S. markets on Monday, with market darling NVIDIA Corporation 2.4% surging to a record high.

Investors will be watching whether corporate earnings persevered despite pressure from high interest rates and sticky inflation.data, as well as addresses from a string of Fed officials, for more cues on the economy and interest rates.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nike stock pulls back as Wall Street has low expectations for Tuesday earningsThe market isn’t expecting much from Nike’s (NKE) August quarter when it reports after the close on Tuesday.
Source: FXStreetNews - 🏆 14. / 72 Read more »

CNBC Investing Club Recap: Wall Street Mixed, Nvidia Rallies, Micron Earnings AheadWall Street saw mixed performance on Wednesday, with the S&P 500 hovering near flat. Despite downgrades and market overbought conditions, Nvidia shares surged after a Barron's report on CEO stock trades. The club trimmed Meta Platforms, Danaher, and Alphabet holdings. Micron reports earnings tonight, offering insights into consumer electronics demand and AI chip inventory.
Source: CNBC - 🏆 12. / 72 Read more »

Wells Fargo shares jump after earnings top Wall Street expectationsThe San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Wall Street Extends Winning Streak on Earnings Optimism and Cooling InflationInvestors are buoyed by encouraging inflation data and positive earnings from major banks, extending Wall Street's winning streak to five weeks. JPMorgan Chase’s strong third-quarter results signal a healthy economy despite dipping consumer confidence.
Source: NBCLA - 🏆 319. / 59 Read more »

Wall Street poised for mixed open; corporate earnings, economic data in focusWall Street poised for mixed open; corporate earnings, economic data in focus
Source: Investingcom - 🏆 450. / 53 Read more »