Nasdaq Futures Outlook: Expectations Before Key Inflation Data
Friday, 30 August 2024, 03:45
Market Preview: Nasdaq Futures Performance
As inflation data draws near, Nasdaq futures show promising results, leading to increased scrutiny of the Invesco QQQ Trust and SPDR S&P 500. This surge reflects market optimism despite the upcoming Labor Day holiday that may impact trading volume.
Key Stocks to Watch
- Apple (AAPL)
- NVDA
- AMD
- Dell (DELL)
- Ulta Beauty (ULTA)
While Nasdaq's trajectory appears buoyed, investors should remain cautious as inflation typically invites volatility. The performance of equities such as Meta Platforms and Amazon will be closely monitored.
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.