US Futures Hold Steady Amid Inflation Concerns and Nvidia Stock Decline
US Futures Hold Steady Amid Inflation Concerns and Nvidia Stock Decline
US stock index futures showed limited movement on Tuesday evening amid inflation concerns, rising Treasury yields, and a significant drop in Nvidia Corporation’s (NASDAQ:NVDA) stock price. These elements have contributed to uncertainty regarding the Federal Reserve’s interest rate decisions.
Index Futures Performance
- S&P 500 Futures: Fell 0.1% to 5,950.75 points.
- Nasdaq 100 Futures: Flat at 21,358.50 points.
- Dow Jones Futures: Slightly lower at 42,778.0 points.
Nvidia Faces Profit-Taking Following CES 2025 Announcements
Nvidia shares dropped 6.2%, marking a major loss within the tech sector. The decline occurred after a remarkable performance in 2024, leading to profit-taking among investors.
Implications of Inflation on Market Sentiment
Persistent inflation and rising Treasury yields have led analysts to forecast slower interest rate cuts by the Federal Reserve throughout 2025, intensifying market volatility.