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Nasdaq Rises as Oil Falls Ahead of Inflation and Nvidia Earnings

Guavy AI Editorial Team
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NVDA
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Futures markets were mixed ahead of key data releases on inflation and Nvidia's earnings. The Nasdaq composite rose as oil prices fell.

The Consumer Price Index (CPI) report is due out at 8:30 a.m. ET, with economists expecting a 0.2% rise in prices. This could impact the Federal Reserve's plans for interest rate hikes.

Nvidia's quarterly earnings are also on tap, and investors will be watching closely for any guidance on demand for its graphics cards.

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