June S&P 500 E-Mini futures (ESM24) are up +0.01%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.08% this morning as investors awaited further comments from Federal Reserve officials while also bracing for Nvidia earnings due later in the week.
In yesterday’s trading session, Wall Street’s major indexes closed mixed. Norwegian Cruise Line (NCLH) climbed over +7% and was the top percentage gainer on the S&P 500 after raising its full-year adjusted EPS forecast. Also, Micron Technology (MU) advanced about +3% after Morgan Stanley upgraded the stock to Equal Weight from Underweight with a price target of $130. In addition, Nvidia (NVDA) gained over +2% after four brokerages raised their price targets on the stock. On the bearish side, JPMorgan Chase (JPM) fell more than -4% and was the top percentage loser on the Dow and S&P 500 after CEO Jamie Dimon said that the bank wouldn’t repurchase much stock at “these prices.”
