"US Futures Rise as Markets Eye Inflation Data"
TL;DR Summary
The Nasdaq closed above 17,000 for the first time, driven by a 7% rise in Nvidia shares, while the S&P 500 ended slightly higher and the Dow fell due to rising Treasury yields. Investors are awaiting U.S. inflation data that could influence Federal Reserve rate cut expectations. The retail sector is also in focus with upcoming earnings reports from major retailers.
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