U.S. stocks are set to begin the week leaning higher , coming off a monster rally on Friday, when Federal Reserve Chairman Jerome Powell opened the door to rate cuts next month. But doubts have grown about the AI boom, and Wall Street’s faith in its prospects could be tested when Nvidia reports quarterly earnings on Wednesday.
Stock futures edged up on Sunday evening as Wall Street looks ahead to another big week that will feature earnings from AI chip leader Nvidia and another inflation update.
Markets are coming off a monster rally on Friday , when Federal Reserve Chairman Jerome Powell opened the door to a rate cut next month.
Futures tied to the Dow Jones Industrial Average rose 24 points, or 0.05%. S&P 500 futures were up 0.05%, and Nasdaq futures added 0.06%. On Friday, th