BUSINESS

Futures Rise; Nvidia Tops $5 Trillion

U.S. stocks pointed higher premarket Wednesday as investors eyed corporate earnings and a Federal Reserve decision expected to deliver a 25-basis-point cut amid scant data and a slowing job market. Futures for the S&P 500, Dow and Nasdaq rose after all three hit record highs, while Nvidia jumped again, touching $5.05 trillion in value on fresh chip orders, and Caterpillar rallied on a 10% revenue gain. Asian shares mostly advanced on upbeat comments from President Donald Trump and ahead of a planned meeting with China’s Xi; Europe was mixed. Alphabet, Meta, Microsoft and Starbucks report later; oil prices inched up.

Reviewed by JQJO team

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