Previous close | 557.39 |
Open | 556.49 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 1,490.00 |
Expiry date | 2024-09-20 |
Day's range | 556.49 - 557.54 |
Contract range | N/A |
Volume | |
Open interest | N/A |
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
All the three major indexes marked their fourth straight week of gains on Friday as upbeat corporate earnings and softer-than-expected inflation data supported hopes for interest rate cuts this year. Both the benchmark S&P 500 and the tech-heavy Nasdaq touched an all-time high last week, while the blue-chip Dow closed above the 40,000 level on Friday. Investors are keenly awaiting quarterly results from artificial intelligence (AI) chip leader Nvidia and minutes of the Fed's latest monetary policy meeting, both scheduled for Wednesday.
The stock market is right at highs but Nvidia earnings offer a major test. Five AI stocks are near buy points.