Markets Brace for Nvidia Earnings Amidst Tech Rally Uncertainty

Stock futures opened slightly higher as traders anticipate Nvidia's earnings and monitor the market following a post-election rally that has lost momentum. The Dow, S&P 500, and Nasdaq all ended last week lower amid concerns over interest rates, with Federal Reserve Chair Jerome Powell indicating no rush to cut rates. Nvidia's earnings, along with results from major retailers, are expected to be key market drivers this week. Bank of America raised its S&P 500 target to 6,000, noting the market's statistical expensiveness but highlighting its higher quality compared to past decades.