Dow Futures rise ahead of inflation data; Nvidia slips
Dow futures rose 0.25% early Thursday, while Nasdaq 100 futures dipped 0.10%, dragged down by Nvidia despite its Q2 beat. Investors await July PCE inflation data, expected at 2.9% YoY. Morgan Stanley strategist Lisa Shalett warned Fed rate-cut odds in September are closer to 50-50, not 80%. Crude eased below $64, gold stayed above $3,450.