Wall Street Futures Flat as Traders Eye Nvidia Results and Inflation Data
Yahoo Finance ·
U.S. stock indices finished higher on Tuesday, supported by declining crude prices and dropping Treasury yields as market participants prepared for upcoming reports from Nvidia and Marvell Technologies. The S&P 500 gained 0.3%, the Nasdaq 100 rose 0.6%, and the Dow Jones Industrial Average added 0.3%. Meanwhile, index futures traded in a narrow range. Sentiment improved following reports of diplomatic redeployments in the Middle East, easing geopolitical risks. The 10-year Treasury yield dropped more than 7 basis points to 4.625%, while Brent crude retreated below the $90 level. Attention remains locked on the semiconductor sector, with Nvidia's quarterly revenue projected to reach $92.2 billion, nearly doubling year-over-year, alongside an EPS forecast of $2.09. Traders are also awaiting Wednesday's release of the July personal consumption expenditure price index. In individual stocks, Moderna rose on optimism surrounding its cancer vaccine, and SpaceX announced plans to invest $100 billion for a massive launch facility.
AI 시장 분석
U.S. stocks closed slightly higher, supported by declining oil prices and stabilizing Treasury yields. The 10-year Treasury yield fell by more than 7 bps to 4.625%, and Brent crude dropped below $90 a barrel. Investors are closely watching NVIDIA's earnings report and the July Personal Consumption Expenditures (PCE) price index release.
상승 영향
- AI — Earnings expectations are high as NVIDIA's quarterly revenue is projected to reach $92.2 billion, about double that of the same period last year, and semiconductor ETFs rose by 1.7%.
- Biotech — Investor sentiment improved as Moderna's shares rose, bolstered by a peak sales projection of $9.2 billion for its cancer vaccine program.
- Bonds — Inflation concerns eased due to falling oil prices, causing the 10-year Treasury yield to drop over 7 bps to 4.625%, acting as a tailwind for the bond market.
하락 영향
- Consumer Goods — Lululemon is expected to lower its fiscal 2026 annual guidance again, placing a burden on related consumer goods and apparel sectors.
DYAX 전담 분석
The decline in oil prices and the downward stabilization of interest rates provided a favorable liquidity environment for the broader stock market, restoring investor sentiment particularly in semiconductor sectors including NVIDIA. Semiconductor stocks showed upward trends due to earnings expectations and eased supply chain concerns, though volatility could expand depending on the upcoming PCE inflation data.
The bullish scenario involves continuous index gains driven by NVIDIA's earnings surprise combined with stabilized inflation data, while the bearish scenario entails profit-taking driven by resurfacing inflation concerns and the pre-reflection of earnings expectations. Key monitoring indicators are the 10-year Treasury yield and NVIDIA's guidance.
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DYAX Investor Sentiment
Bullish (Long) 27% · Bearish (Short) 73%
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