Premarket: Global stocks near all-time peaks as Nvidia earnings loom

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 38 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 92%

Newsletter ニュース

Marketupdate,Tsx,Stocks

Investors proceed with caution ahead of chip maker’s quarterly report

Global stocks held near record highs on Wednesday ahead of the release of results from chipmaking market darling Nvidia, while sterling hovered near a 2-1/2-year high as traders bet that Britain would lag the U.S. in cutting interest rates.

Nvidia’s market value has ballooned thanks to its dominance of the computing hardware behind artificial intelligence. The stock price is up some 3000% since 2019 and with a market capitalization of $3.2 trillion, a move in its share price affects the broader market. S&P 500 futures were steady during early European trading hours, while Nasdaq 100 futures fell 0.01%.

Globally, a weakening dollar in anticipation of U.S. rate cuts has lifted most other currencies because markets see U.S. short-term rates, currently above 5.25%, as having the furthest to fall. The tone contrasts with caution at the Bank of England, which has helped sterling become the top-performing G10 currency with a 4.1% gain for the year-to-date.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 5. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stock market today: Dow ekes out another record as investors await Nvidia earningsStocks are struggling to find a footing as Nvidia's high-stakes earnings loom.
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »

Premarket: Stocks creep up, investors pin hopes on modest Fed rate cutWorld stocks continue to recover, China data disappoints
ソース: globeandmail - 🏆 5. / 92 続きを読む »

Nvidia Q2 earnings: Three major factors investors will watchInvestors are eagerly waiting on Nvidia's (NVDA) second quarter earnings results, due out after the market close on Wednesday, August 28. Moor Insights...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »