U.S. Stock Futures Rise 0.37% Ahead of Nvidia Earnings as Iran Sanctions Lift Geopolitical Risks
Updated
Updated · Yahoo Finance · Aug 25
U.S. Stock Futures Rise 0.37% Ahead of Nvidia Earnings as Iran Sanctions Lift Geopolitical Risks
3 articles · Updated · Yahoo Finance · Aug 25
Summary
Nasdaq 100 futures led early gains Tuesday, up 0.37%, while S&P 500 futures added 0.12% and Dow futures edged up 0.01% before a heavy data and earnings slate.
Investors are positioning for Nvidia's Wednesday results, with analysts projecting 97% sales growth to $92.1 billion and 99% earnings growth as AI-computing demand keeps order backlogs elevated.
Fresh U.S. sanctions on Iran added geopolitical tension after Treasury Secretary Scott Bessent warned trading partners they could lose access to the dollar-based financial system; Tehran answered with defiant rhetoric.
Oil eased despite that escalation, with Brent down 0.20% to $90.36 and WTI off 0.12% to $84.91, while traders also awaited Case-Shiller home prices, new home sales and consumer confidence data.
Polymarket's Aug. 25 contract implied a 68% chance of a higher S&P 500 session, reflecting a market still leaning bullish into tech earnings and the upcoming Jackson Hole Fed symposium.