December S&P 500 E-Mini futures (ESZ24) are trending down -0.12% this morning as market participants awaited the Federal Reserve’s September meeting minutes and remarks from Fed officials.
In yesterday’s trading session, Wall Street’s main stock indexes ended in the green. Palo Alto Networks (PANW) climbed over +5% and was the top percentage gainer on the Nasdaq 100 after Exane BNP Paribas initiated coverage of the stock with an Outperform rating and a price target of $410. Also, megacap technology stocks advanced, with Netflix (NFLX) rising more than +2% and Microsoft (MSFT) gaining over +1%. In addition, Nvidia (NVDA) rose more than +4% after Hon Hai announced it is constructing the world’s largest facility to manufacture Nvidia’s GB200 AI chips. On the bearish side, Roblox (RBLX) fell over -2% after Hindenburg Research revealed a short position in the gaming platform.
