March S&P 500 E-Mini futures (ESH25) are up +0.31%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.49% this morning, signaling further gains on Wall Street as cooling U.S. core inflation bolstered expectations of Federal Reserve easing this year, while investors awaited a fresh batch of U.S. economic data and quarterly reports from more big banks.
Market sentiment also got a boost after Taiwan Semiconductor Manufacturing Co. (TSM), the main chipmaker to Apple and Nvidia, reported a record quarterly profit and provided strong Q1 revenue guidance.
