US EQUITY OPEN: Indices in the red as NVDA gains but INTC tumbles post-earnings
The mixed performance of US indices reflects NVIDIA's strong gains, likely driven by positive sentiment around its earnings, while Intel's significant drop post-earnings signal concerns about its competitive position and future prospects.
US Michigan Consumer Expectations Final (Jan) 57.0 vs. Exp. 55.0 (Prev. 54.6)
US Michigan 5 Year Inflation Expectations Final (Jan) 3.3% vs. Exp. 3.4% (Prev. 3.2%)
US EQUITY OPEN: Indices in the red as NVDA gains but INTC tumbles post-earnings
US S&P Global Composite PMI Flash (Jan) 52.8 (Prev. 52.7)
US S&P Global Services PMI Flash (Jan) 52.5 vs. Exp. 52.8 (Prev. 52.5)
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This divergence illustrates the broader tech market's volatility and could impact investor sentiment, particularly in the semiconductor sector, which remains sensitive to earnings outlooks and growth forecasts.
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