NASDAQ futures up on NVIDIA bump, S&P futures gain
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(Reuters) -Futures tracking the Nasdaq and the S&P 500 edged higher on Tuesday as investors geared up for earnings from major Wall Street lenders as well as inflation data that could sway expectations around how soon the Federal Reserve will cut interest rates.
• There were a couple of players who did underwhelm in the game. Marlins lefty Thomas White returned to the Futures Game, and for the second year in a row, he had trouble throwing strikes. He was 95-98 with a slider at 80-84, premium stuff, but half his pitches were called balls and they were bad misses at that.
U.S. stock futures are lower after President Donald Trump further escalated trade tensions. Over the weekend, Trump announced a 30% tariff on goods from the European Union and Mexico, starting Aug. 1. Mexico and EU leaders said they would continue to negotiate this month before that date.
The debut comes on the heels of acquiring CFTC-regulated futures trading platform NinjaTrader for $1.5 billion.
U.S. stock futures fell Sunday, a day after President Donald Trump threatened to impose new 30% tariffs against imports from Mexico and the European Union.
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The All-Star Futures Game puts the game’s best prospects on one field for an afternoon each July, creating lasting memories for both players and fans.
U.S. stock futures were little changed Monday night following a winning session for the major averages, as investors await big bank earnings and a key inflation reading. Dow Jones Industrial Average futures fell by 50 points, or 0.12%. S&P 500 futures and Nasdaq 100 futures dipped 0.1% and 0.08%, respectively.
Traders in the federal-funds futures market continued to expect on Tuesday the Federal Reserve to hold its benchmark rate steady this month, as they weighed the latest inflation data. Fed-funds futures showed a 97.
"They have to have what it takes to succeed independently, but not if it relies on old structures," one expert told Newsweek.