"Market Watch: Nasdaq Futures Rise Ahead of Powell's Testimony"

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Source: CNBC
"Market Watch: Nasdaq Futures Rise Ahead of Powell's Testimony"
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TL;DR Summary

Nasdaq 100 futures rose after a sell-off, with CrowdStrike surging 20% and Nordstrom tumbling 9%. Investors await Fed Chair Powell's testimony for clarity on monetary policy. Eight Australian firms plan to invest over $3 billion in Malaysia, while Australia's GDP grew 0.2% in Q4 2023. South Korea's inflation quickened to 3.1%, and Nvidia led gains in the S&P 500 and Nasdaq, while Nordstrom and CrowdStrike made significant moves in extended trading.

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