March Nasdaq 100 E-Mini futures (NQH25) are trending up +0.77% this morning, rebounding from yesterday’s losses, while investors turn their attention to a highly anticipated earnings report from AI darling Nvidia.
In yesterday’s trading session, Wall Street’s major indexes closed mixed. Sempra (SRE) plunged over -18% and was the top percentage loser on the S&P 500 after the company posted downbeat Q4 results and cut its FY25 EPS guidance. Also, Nvidia (NVDA) dropped more than -2% and was the top percentage loser on the Dow after a Bloomberg report stated that some officials in the Trump administration are seeking to impose additional restrictions on the type of Nvidia chips that can be exported to China without a license. In addition, Tesla (TSLA) slumped over -8% after data from the European Automobile Manufacturers’ Association showed that the company’s sales in Europe tumbled 45% in January from a year ago. On the bullish side, Solventum Corp. (SOLV) surged more than +9% and was the top percentage gainer on the S&P 500 after Thermo Fisher agreed to buy the company’s purification and filtration unit for about $4.1 billion.
