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NASDAQ Minis Lead The Way Higher Ahead Of Cash Open, Google & Nvidia News Eyed

EQUITIES

NASDAQ 100 e-minis lead the pre-market rally into the cash open.

  • NQ +1.2%, ES +0.8%, DM +0.2%.
  • As we noted earlier early focus falls on Google. Alphabet is indicated ~5.5% higher pre-market following weekend BBG source reports suggesting that “Apple is in talks to build Google’s Gemini artificial intelligence engine into the iPhone.”
  • Nvidia indicated nearly 3% higher ahead of its annual AI gathering. A positive brokerage move also helps the name.
  • Boeing indicated ~1% lower after regulatory- and demand-related worry in light of the recent well-documented plane issues.
  • Technically, the bullish trend remains intact in the S&P 500 e-mini. Bulls look to breach the Mar 8 high (5,257.25).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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