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Nasdaq futures dip as Nvidia woes persist; Anthropic IPO in focus: Stock Market Live Updates
Nvidia weakness pressures Nasdaq futures while Anthropic IPO draws investor focus.
Context
What happened: Nasdaq 100 futures fell as investors weighed a report on Nvidia CEO Jensen Huang and awaited details of Anthropic's planned IPO. US October CPI rose more than expected.
Key numbers: CPI up 0.4% in October versus a 0.3% forecast, after 0.6% in September.
Why it matters: The hot inflation reading strengthened expectations the Federal Reserve will keep rates higher for longer, pressuring S&P 500 futures. The Nvidia report heightened investor scrutiny of Huang's leadership, and Anthropic's offering could intensify competition for investor capital.
Coverage: 6 outlets in 24h
What changed
Nasdaq 100 futures fell as investors weighed a report on Nvidia CEO Jensen Huang and awaited details of Anthropic's planned IPO. US October CPI rose more than expected.
Why it matters
The hot inflation reading strengthened expectations the Federal Reserve will keep rates higher for longer, pressuring S&P 500 futures. The Nvidia report heightened investor scrutiny of Huang's leadership, and Anthropic's offering could intensify competition for investor capital.