US Futures Show Resilience in European Morning Trade Despite Early Losses

Thursday, 7 March 2024, 09:52
US futures weathered early losses as the market anticipates the ECB and US weekly jobless claims. Despite the initial dip, S&P 500 futures rebounded, signaling optimism and the presence of dip buyers in the market. Nvidia's stock rally to almost $900 in pre-market trading has been a significant driver of market sentiment.
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US Futures Show Resilience in European Morning Trade Despite Early Losses

Futures Market Resilience

US futures have bounced back from early losses in European morning trade, signaling market optimism.

Key Events Ahead

  • ECB and US weekly jobless claims are on the horizon.

Market Sentiment

Dip buyers are actively participating, buoying the overall mood despite previous setbacks. Nvidia's strong performance continues to boost market confidence.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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