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Wall Street Braces For Subdued Start Ahead Of Nvidia Earnings, Fed Minutes: Analyst Cautions About Guarding Against 'Over-Exuberance'

Benzinga ·  May 22 07:21

Index futures are trading uniformly lower early Wednesday after the market's resilient upward move in the previous session. The sentiment is likely to remain guarded ahead ofNvidia Corp.'s(NASDAQ:NVDA) quarterly report due after the market opens. Traders may also pore over the May Federal Open Market Committee meeting minutes to glean cues that can clarify the near-term rate trajectory.

FuturesPerformance (+/-)
Nasdaq 100+0.01%
S&P 500-0.07%
Dow-0.08%
R2K-0.22%


In premarket trading on Wednesday, theSPDR S&P 500 ETF Trust(NYSE:SPY) fell 0.11% to $530.80, while theInvesco QQQ ETF(NASDAQ:QQQ) traded up 0.01% at $455.86 according to Benzinga Pro data.

Cues From Last Session

The major...

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