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Market Focus Shifts to Upcoming Nvidia Earnings as US Equity Futures Tread Water Pre-Bell
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Market Focus Shifts to Upcoming Nvidia Earnings as US Equity Futures Tread Water Pre-Bell
Aug 29, 2024 2:59 AM

08:08 AM EDT, 08/27/2024 (MT Newswires) -- US equity futures were little changed premarket Tuesday as traders shifted their focus to the upcoming earnings report of chipmaker Nvidia ( NVDA ) due later in the week.

The Dow Jones Industrial Average futures flatlined, S&P 500 futures gained 0.1%, and Nasdaq futures edged 0.1% higher.

Nvidia ( NVDA ) is scheduled to release its quarterly earnings on Wednesday.

Oil prices fell, with front-month global benchmark North Sea Brent crude down 0.5% at $79.97 per barrel and US West Texas Intermediate crude 0.5% lower at $77 per barrel.

The Case-Shiller home price index and the Federal Housing Finance Agency house price index are scheduled for release at 9 am ET.

The Consumer Confidence Index, due at 10 am ET, is expected to come in at 100.9 in August versus July's 100.3 level, according to estimates compiled by Bloomberg.

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