Wall Street on a New High: Tech Giants in Focus

After another record day on Wall Street, there were slight fluctuations in US futures on Tuesday. Futures in the major indexes, including the Dow Jones Industrial Average, the S&P 500, and the tech-oriented Nasdaq 100, experienced a slight decline of about 0.1%. On Monday, the stock markets experienced the third consecutive record close. The increase was mainly driven by the Nasdaq Composite, which benefited from a rise in Nvidia shares. Nvidia plans to invest around $100 billion in the company OpenAI, which boosted the shares. Oracle also saw an upturn after the White House confirmed the company's role in a TikTok deal. Tesla's shares reached a new high for the year 2025, underscoring the company's ongoing upward trend. In after-hours trading, Kenvue, the maker of Tylenol, recovered from a daily loss, following an event on autism issues and the intake of painkillers during pregnancy held by former President Trump along with Health Minister Robert F. Kennedy Jr. Meanwhile, Disney announced the return of the show "Jimmy Kimmel Live" on the ABC network, which had been discontinued following a controversy over the host's comments. This development is creating excitement in the media sector. This week, Wall Street's attention is directed towards the expected speech by Fed Chair Jerome Powell on monetary policy as well as the quarterly reports from Micron Technology. A crucial event will be the release of the Federal Reserve's preferred inflation measure, the Personal Consumption Expenditures Index, on Friday. Investors are hoping for signs that inflation is not rising too sharply, which could influence expectations of two rate cuts this year.