Stock market today: Dow, S&P 500, Nasdaq futures point higher with Nvidia earnings in sight

Published On Feb 24, 2025, 5:57 AM

US stock futures are on the rise, suggesting a rebound from a recent downtrend, as investors anticipate Nvidia's upcoming earnings report. The Dow Jones Industrial Average futures increased by 0.7%, while the S&P 500 and Nasdaq 100 futures rose by 0.5% and 0.4%, respectively. This optimism follows a challenging week where concerns about tariffs from the Trump administration weighed on the market. Key factors to watch include Nvidia's performance against the backdrop of potential tariffs and the overall impact of AI technology on major tech firms.

Stock Forecasts

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Nvidia is expected to report earnings this week, which will be critical in determining its stock's direction. As AI remains a key growth driver, positive results could bolster investor confidence, especially given the recent concerns over market conditions related to tariffs. However, uncertainties around how tariffs might affect Nvidia could create volatility.

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A slump in major gauges last week sees futures bounce back on open with a strong week of earnings and market data release ahead.

The slight move in futures follows the stock market's fall on Thursday and Friday to end the week in the red.

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Is Nvidia just too cheap?