Wall Street futures flat ahead of Nvidia earnings and Fed inflation data
Wall Street futures were nearly flat Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street futures were nearly unchanged Wednesday as Wall Street prepared for Nvidia's earnings and the Fed's preferred inflation gauge. Dow futures hovered near zero, while S&P 500 and Nasdaq 100 futures fell about 0.1% and 0.25%, respectively. Nvidia rose slightly premarket after breaking a seven-day losing streak Tuesday. Lower oil prices and Treasury yields reduced pressure on growth stocks, but investors avoided large positions ahead of July's PCE inflation data and Nvidia's report. Nvidia is expected to report quarterly revenue near $92-93 billion, almost doubling year-over-year, with adjusted earnings around $2.09 per share. Intuit fell over 11% premarket on slower sales growth guidance, while Zoom dropped over 5% on disappointing outlook, highlighting the divide between semiconductor gains and software struggles.