June S&P 500 E-Mini futures (ESM24) are up +0.12%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.11% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting, comments from Fed officials, and an earnings report from semiconductor stalwart Nvidia.
In Friday’s trading session, Wall Street’s major averages ended mixed, with the blue-chip Dow closing above the 40,000 mark for the first time. Doximity (DOCS) climbed over +18% after the online networking service reported upbeat Q4 results and issued above-consensus Q1 revenue guidance. Also, Reddit (RDDT) gained more than +10% following the announcement of a partnership with OpenAI that will bring its content to the ChatGPT chatbot. In addition, DuPont de Nemours (DD) rose about +3% after Jefferies upgraded the stock to Buy from Hold with a price target of $101. On the bearish side, DXC Technology (DXC) plunged more than -16% after the company issued weaker-than-expected FY25 guidance.
