Wall Street’s mood is still somber despite the steep declines seen in the past couple of sessions. The major U.S. index futures are pointing to a modestly higher open on Wall Street on Tuesday.
NVIDIA Corp (NASDAQ: NVDA) shares are down more than 40% since the start of the year, and one investor sees a buying opportunity ahead if the stock falls further on earnings this week.
Futures trading during the premarket hours is suggesting cautious optimism for Wall Street on Thursday, following the tech-led pullback seen in the previous session.
On Wednesday, the major averages gap-opened lower and languished mostly below the flat line, although the FOMC minutes that suggested future rate hikes could be less steep helped cut some losses.
The major U.S. index futures are pointing to a lower open on Wednesday following the mixed close in the previous session.
At the time of going to press, the Dow Jones and S&P 500 futures were slipping 0.54% and 0.68%, respectively, and the Nasdaq 100 futures were down a steeper 0.81%.
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