@dorisbae
Quick Market Update – Today
The market is catching its breath after a shaky start to the week. U.S. futures are holding steady this morning as traders wait for one thing: Nvidia’s earnings. Everyone knows this report could easily swing sentiment in either direction.
Tech stocks have been losing some steam lately, mostly because investors are questioning whether the big AI run-up has gone a little too far. With rate-cut expectations cooling and inflation still sticky, the mood is cautious.
Over in Europe, markets are also soft—another sign that global investors are playing defense, not offense.
Quick ETF glance
SPY: Slightly in the red, mirroring the broader hesitation.
DIA: Also under pressure as investors avoid big moves before major news hits.
What’s next?
All eyes on Nvidia. Whatever the company says about demand and the AI outlook will likely set the tone for the rest of the week.