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Nasdaq, S&P 500 Futures Jump As Nvidia Surge Raises 'FOMO' Rally Hopes: Analyst Tells Why Jobs Data Holds Key For Momentum

Benzinga ·  Feb 22 07:23

Investors pinned hopes onNvidia Corp.'s (NASDAQ:NVDA) earnings to reinvigorate market momentum, and the AI leader delivered an impressive beat-and-raise quarter. This news buoyed major index futures in early Thursday trading, signaling a positive start to the day. Analysts have advocated seizing the recent market dip as a buying opportunity, amplifying anticipation for robust buying activity amidst prevalent FOMO sentiments.

However, market participants remain attentive to several factors shaping the day's trading landscape, including scheduled Fed speeches, weekly jobless claims data, and private-sector activity readings.

Cues From Wednesday's Trading:

Wednesday's market session...

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