Crypto
Nvidia Boosts Dow Jones Futures by 0.18% Amid Tech-Led Rally
Nvidia's strong outlook has sent the Dow Jones futures soaring by 0.18% to around $53,620 during European hours on Thursday.
The S&P 500 futures also rose by 0.41% to trade near $7,720, while Nasdaq 100 futures gained 0.89% to about $29,550, reflecting investor optimism driven by the chipmaker's robust earnings guidance.
The tech-led rally is seen as a potential catalyst for crypto markets, which could support token prices, CEX volumes, DeFi activity, fundraising, and adoption.
However, traders remain cautious about the sustainability of this rally, citing upcoming inflation data and Federal Reserve commentary that could alter market trajectory.