Wall Street set for mixed open; Nvidia earnings, Fed policy in focus

Nov 18 - U.S. stock futures indicated a mixed opening on Monday as investors looked ahead to crucial corporate results, especially from AI-chip leader Nvidia, following Wall Street's slump the previous week.

Results from Nvidia , opens new tab, which reports third-quarter earnings on Wednesday, will be crucial as investors assess if the optimism around AI, responsible for much of markets' tech-driven rally this year, can be sustained. With the key holiday shopping season set to begin, results from major retailers including Walmart , opens new tab, Lowe's Companies , and Target , this week will be closely watched to gauge the strength of the U.S. consumer.

Most other megacaps edged higher, with Nasdaq 100 futures gaining ground after the index , fell for five consecutive sessions. Alphabet , rose 0.6% and Amazon.com , was up 0.4%.

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