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Tesla drives Nasdaq recovery as markets await Nvidia earnings report
Tesla"s 5.6% surge helped the Nasdaq end a four-day losing streak, while the S&P 500 rose 0.4%. In contrast, Nvidia"s shares fell 1.3% due to overheating issues with its new chips, impacting the S&P and Nasdaq negatively. Meanwhile, Super Micro Computer"s stock soared 16% after announcing compliance measures with Nasdaq.
tock futures steady as investors await key earnings reports this week
Stock futures remained stable as investors anticipate significant earnings reports from retailers and Nvidia this week. The Dow Jones futures dipped 0.08%, while Walmart shares rose 0.8% ahead of its earnings announcement. Super Micro Computer"s shares surged over 37% in after-hours trading after appointing a new auditor, despite facing compliance issues with Nasdaq.
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