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As Traders Watch the Nvidia Conference and Anticipate the Fed Meeting, S&P 500 Futures Increase

S&P 500 futures increased on Monday as investors anticipated the Federal Reserve’s monetary policy guidelines later this week and watched for the results of a significant artificial intelligence conference.

S&P 500 futures saw a 0.8% increase. The Dow Jones Industrial Average futures increased 93 points, or 0.2%, while the Nasdaq-100 futures gained 1.2%.

In early trade, tech shares gained better than

In the premarket, Nvidia’s shares increased by more than 2% in anticipation of the company’s GTC Conference, where the chipmaker is anticipated to present its most recent advancements in artificial intelligence.

Following Bloomberg News’s story that Apple and Google were in negotiations to integrate Alphabet’s Gemini AI inside iPhones, Alphabet shares increased by 4%. Ahead of the business’s first trading day, Super Micro Computer increased 2.8% as the S&P 500’s component.

Source (CNBC)

SourceCNBC
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