December Nasdaq 100 E-Mini futures (NQZ24) are trending up +0.14% this morning as investors shifted their focus to a highly anticipated earnings report from AI darling Nvidia.
In yesterday’s trading session, Wall Street’s main stock indexes closed mixed. Super Micro Computer (SMCI) soared over +31% and was the top percentage gainer on the S&P 500 and Nasdaq 100 after the server maker appointed an independent auditor and submitted a compliance plan to Nasdaq. Also, Nvidia (NVDA) climbed more than +4% and was the top percentage gainer on the Dow after Stifel and Truist raised their price targets on the stock. In addition, Walmart (WMT) rose +3% after the retail giant posted better-than-expected Q3 results and raised its full-year guidance. On the bearish side, Incyte Corp. (INCY) slumped over -8% and was the top percentage loser on the S&P 500 after halting enrollment in a Phase 2 trial of its chronic spontaneous urticaria candidate targeting MRGPRX2 due to findings from preclinical toxicology.
