Nasdaq futures slip as Nvidia worries weigh on markets
In short
Nasdaq futures fell as worries about Nvidia hit market sentiment.
Investors are also waiting for October inflation figures. CPI is due on Tuesday and PPI on Friday.
What the reporting says
Nasdaq futures fell on Nvidia concerns, while investors looked ahead to October inflation data. The Consumer Price Inflation report is due on Tuesday, and the Producer Price Inflation report is due on Friday. The data could influence market expectations around prices and policy in the near term.
Why it matters
Nasdaq futures declined as concerns about Nvidia weighed on sentiment, while investors focused on October inflation data due this week. The CPI reading is scheduled for Tuesday and the PPI reading for Friday. For markets, the combination of chip-stock worries and fresh inflation numbers could drive trading in US equities and rate expectations.