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U.S. Stock Futures Down ahead of Nvidia’s (NVDA) Q3 Earnings Report

U.S. Stock Futures Down ahead of Nvidia’s (NVDA) Q3 Earnings Report

U.S. stock futures were down ahead of Wednesday’s session, as investors braced for Nvidia’s (NVDA) much-awaited earnings report that could set the tone for the AI sector. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down 0.37%, 0.17%, and 0.21%, respectively, at 12:37 a.m. EST on November 19.

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This follows a weak regular trading session. The Dow and S&P 500 logged their fourth straight losing sessions, and the Nasdaq Composite fell for the fifth time in six days. Overall, the Nasdaq, the S&P 500, and the Dow dropped 1.2%, 0.8%, and 1.1%, respectively. 

The pressure comes just ahead of Nvidia’s third-quarter results, due after Wednesday’s close. Beyond NVDA, investors are also watching earnings from major retailers Target (TGT), Lowe’s (LOW), and TJX Companies (TJX), set to report tomorrow morning.

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