Stock market today: Dow, S&P 500, Nasdaq futures slip after stocks bounce back amid 3-week losing streak
Why it matters: Oil‑price relief and Fed steadiness shape short‑term market direction for investors.
- Dow, S&P 500, Nasdaq futures fell 0.4‑0.5% after Monday’s rally, showing lingering caution despite lower oil.
- Crude oil (Brent & WTI) dropped 3‑5%, easing inflation concerns and supporting equities after a sharp rally tied to Middle‑East tensions.
- Federal Reserve is expected to hold rates steady Wednesday, with a 99% probability of no change, tempering hopes for near‑term cuts.
- Nvidia unveiled an ambitious $1 trillion chip‑sales target at its GTC event, fueling tech‑sector optimism amid broader market uncertainty.
- Earnings from Tencent, DocuSign and Oklo are due, adding potential catalysts for volatility.
After a brief bounce helped by falling oil prices, Dow, S&P 500 and Nasdaq futures slipped, as investors brace for the Fed’s upcoming rate decision and lingering geopolitical tensions. Nvidia’s bold chip‑sales outlook adds tech optimism, while fresh earnings reports could stir further moves.
