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Wall Street To Open Mostly Flat As Nvidia Earnings, Fed Speeches Keep Traders On Edge; Bitcoin Rockets Above $71K On Ethereum ETF Approval Buzz

Benzinga ·  May 21 07:14

Early Tuesday futures trading suggested a pause after the tech-driven rally of the previous session. Global cues were negative, with Asian markets retreating and European markets opening lower. Commodities dipped, and bond yields remained flat.

Traders may be cautious untilNvidia Corp. (NASDAQ:NVDA) releases its earnings, as analysts widely expect the AI leader to surpass ambitious targets. Additionally, a series of Fed speeches scheduled for today could provide further direction for the market.

FuturesPerformance (+/-)
Nasdaq 100-0.07%
S&P 500+0.05%
Dow+0.03%
R2K-0.36%


In premarket trading on Tuesday, theSPDR S&P 500 ETF Trust(NYSE:SPY) edged up 0.10% to $530.10, while theInvesco QQQ ETF (NASDAQ:QQQ) traded down...
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