U.S. stock futures (ES=F, NQ=F, YM=F) are trading flat on Tuesday morning, below the all-time highs of the Dow Jones Industrial Average (^DJI) and S&P 500 Index (^GSPC). This morning’s top earners include major banks Bank of America (BAC), Goldman Sachs (GS), and Citigroup (C), as well as medical giants Johnson & Johnson (JNJ) and UnitedHealth. Group (UNH) and Walgreens Boots Alliance (WBA). ).
Semiconductor giant Nvidia (NVDA)’s stock price rose to a record high in trading on Monday, but the market is currently on the decline following a Bloomberg report that the Biden administration may restrict sales of AI chips to some countries. It has fallen before.
Finally, according to the Washington Post, oil prices (CL=F, BZ=F) fell on news that Israel will not target Iranian production operations amid the escalating geopolitical conflict.
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This post was written by Luke Carberry Mogan.