US Markets Rise as Tesla Rallies; Nvidia Faces AI Server Challenges

1 min read
Source: Benzinga
US Markets Rise as Tesla Rallies; Nvidia Faces AI Server Challenges
Photo: Benzinga
TL;DR Summary

U.S. stock futures showed a mixed start on Monday as investors weighed Federal Reserve Chair Jerome Powell's comments on interest rates and recent economic data. The likelihood of a December rate cut has decreased, affecting market sentiment. Despite last week's declines in major indices, some sectors like utilities and financials performed well. Key economic data and earnings reports from companies like Nvidia and Tesla are anticipated this week, influencing market movements. Crude oil prices rose, while global markets showed mixed results.

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