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US Market Open Or Closed On Monday, November 18; Weekly Trade Outlook On Dow Jones, S&P 500, Nasdaq

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Samiat

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Nov 12, 2024
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18
US Market: There are no stock market holidays for Wall Street in the trading week from November 18 to November 22nd. According to an expert US market, although market sentiment still is bullish for the near term, there are signs of exhaustion and could see a slight correction. In the early trade of Monday, US stock futures have gained. A host of stock-specific action is expected with Nvidia, Walmart, Lowe's, Palo Alto Networks, Target, and Intuit earnings scheduled later in the week.

US Stocks Futures:
The Dow Jones Industrial Average Index Futures traded marginally up to 43,598 in the early trade of Monday, while S&P 500 futures edged higher by 0.26% to 5,911.75. Meanwhile, the Nasdaq-100 Futures outperformed counterparts with gains of nearly 0.6% to 20,619.25 ahead of Nvidia earnings.

According to Trading Economics, Nasdaq 100 futures gained on Monday as investors look ahead to Nvidia's earnings report later this week, with a particular focus on any updates regarding demand for its Blackwell AI chips. Major companies scheduled to report earnings this week also include Walmart, Lowe's, Palo Alto Networks, Target, and Intuit. S&P 500 futures also traded higher, while Dow futures were little changed.