🚨 US Stock Futures Hold Steady as Wall Street Hits New Highs! 🚨
Wall Street continues its winning streak, with the Dow and S&P 500 setting fresh records. Traders are watching for key economic data, as semiconductor stocks and Chinese firms make big gains.
📈 Dow +0.2%, S&P 500 +0.25%, Nasdaq +0.56% in Tuesday’s session.
💡 Semiconductors Soar: Nvidia (+4%), Broadcom (+1.1%), AMD (+1%), Taiwan Semiconductor (+4.1%), Intel (+1.1%).
🏦 China's Easing Sparks Rally: Alibaba (+7.9%), PDD Holdings (+11.2%) surge after new monetary policies.
🔮 Rate Cut Bets Rise: Weak consumer confidence data points to potential Fed cuts later this year.
Upcoming Market Movers:
🏡 New Home Sales Data (Wednesday)
📉 Weekly Jobless Claims (Thursday)
🔥 PCE Inflation Report (Friday)
💼 Q3 Earnings Season is just around the corner!
Get ready for some big moves! 💥 Like, share, or comment if you're keeping an eye on these trends! 📊