2023.11.20 13:39

Futures Flat After OpenAI "Train Wreck" As Markets Brace For Nvidia Earnings

US stock futures traded flat as Microsoft announced the hiring of OpenAI co-founders for its AI team. S&P futures remained unchanged after three weeks of gains. Treasuries dropped, pushing up US 10-year yields. The dollar weakened, while oil prices rose and base metals fell. This week's key events include FOMC minutes, Nvidia earnings, Initial Jobless Claims, PMIs, and the OPEC meeting. In Europe, stocks reversed earlier gains due to negative corporate news. Additionally, energy costs and natural gas prices rose.