FX.co ★ US Futures Rise as Nvidia Gains

U.S. stock futures advanced on Tuesday following President Donald Trump's endorsement of a deal enabling Nvidia to recommence the shipment of its H200 AI chips to China. This development propelled Nvidia shares by over 2% in after-hours trading. Trump further clarified that only "approved customers" within China and other select regions would be eligible to purchase Nvidia’s H2200 chips, with 25% of the sales proceeds directed to the U.S. government. Investors are also focusing on the Federal Reserve's upcoming two-day policy meeting, anticipating a 25 basis point interest rate reduction. The trajectory for 2026 remains uncertain, with analysts forecasting a "hawkish cut," wherein Federal Reserve Chair Jerome Powell might express prudence regarding further rate cuts. In Monday’s standard trading session, the Dow Jones Industrial Average declined by 0.45%, the S&P 500 decreased by 0.35%, and the Nasdaq Composite slightly dropped by 0.14%. Of the 11 sectors within the S&P index, 10 finished lower, with technology being the sole sector to register gains.