U.S. stock futures climb on Nvidia results
U.S. stock futures rose during Asian trading after NVIDIA's earnings results showed quarterly profits more than double last year's revenues, with expectations of further growth in AI spending, which significantly boosted the technology sector. Markets are also awaiting the Jackson Hole economic symposium to gauge the Federal Reserve's monetary policy outlook, amid inflation data showing a 3.7% increase in personal consumption expenditures in July, complicating forecasts for future policy.
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