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Ether ETF hopes, Macy's earnings, Nvidia: 3 Things

Stock futures (^DJI, ^GSPC, ^IXIC) are muted on Tuesday morning after the tech-heavy Nasdaq recorded a new record closing high on Monday. The moves are tied to AI optimism, as investors await Nvidia's first-quarter results (NVDA).

First-quarter retail earnings from Macy's (M) and Lowe's (LOW) provided a fresh read on the state of the consumer. Macy's beat expectations as it weighs a future between a turnaround and a buyout. Lowe's beat on earnings and revenue even as consumers spent less on DIY projects.

Ethereum (ETH-USD) and bitcoin (BTC-USD) are surging on renewed hopes of a new class of US exchange-traded funds (ETFs) tied to ether.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

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This article was written by Gabriel Roy.

Video transcript

Your room for the trading day.

Yahoo finance is in the Obama and Jared.

We have more stock futures muted this morning after the tech heavy NASDAQ closed at a new day and closing high on Monday.

The moves are tied to A I optimism with poster child in video lifting the index higher.

We'll see if the market's momentum can continue as investors await in video results which are set to be released Wednesday after the plus the fresh read on the state of the consumer, retailers like Macy's and Lowe's are providing a bit more color on how exactly consumers are faring against inflation.

Macy beat the streets muted expectations as a way of future between a turnaround for a buy out same source sales.

There fell 1.2% less than the nearly 3% decline that Wall Street had predicted.

And home through retailer lows beat on earnings and revenue even as consumers spent less on diy projects and crypto prices are surging this morning.

The move comes on the back of renewed hopes for the approval of a new class of us exchange traded funds tied.

The Ether Bitcoin is up above marginally here and we can also see a, the, up about six or 7% 22%.

Excuse me.

That's Bitcoin up 7% as of that right now.