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Nasdaq, S&P 500 Futures Keep Head Above Water Ahead Of Fed Speeches: Analyst Says Market-Boosting Themes 'Firmly In Place'

Benzinga ·  May 20 07:48

U.S. index futures are modestly higher in early trading on Monday, suggesting that the upward momentum remains intact, albeit laced with caution. Traders will likely scan speeches by Federal Reserve officials for confirmation regarding rate trajectory. The global markets have taken development in the Middle East in their stride, underlining their resilience. The week will be all aboutNvidia Corp.'s (NASDAQ:NVDA) earnings. Although looking for a beat, an analyst says either way, the AI stalwart's earnings report could give a boost to the market.

FuturesPerformance (+/-)
Nasdaq 100+0.22%
S&P 500+0.15%
Dow+0.07%
R2K+0.12%


In premarket trading on Monday, theSPDR S&P 500 ETF Trust (NYSE...
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