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Wall Street Eyes Breather After Record Run As Walmart Earnings, Fed Speakers In Focus: Analyst Banks Hopes On Nvidia Print, H2 Rate-Cut

Benzinga ·  May 16 06:53

Stocks may take a breather after Wednesday's record run, fueled by a mild consumer price inflation report, with index futures holding relatively steady in early trading. However, traders might find some optimism in robust tech earnings. The market mood on Thursday could be influenced by various factors, including earnings from retail giantWalmart, Inc.(NYSE:WMT), as well as speeches by Federal Reserve officials and other Main Street events.

FuturesPerformance (+/-)
Nasdaq 100+0.13%
S&P 500+0.06%
Dow+0.03%
R2K-0.25%


In premarket trading on Thursday, theSPDR S&P 500 ETF Trust(NYSE:SPY) ticked up 0.07% to $530.13, while theInvesco QQQ ETF (NASDAQ:QQQ) traded up 0.16% at $453.61 according to Benzinga Pro...
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