Europe Market Open: NQ boosted on NVDA with Fitch in focus
25 May 2023, 06:40 by Newsquawk Desk
- APAC stocks were mostly lower with the region cautious after the losses on Wall St owing to debt ceiling fears, whilst Fitch placed the US on Credit Watch Negative.
- Nasdaq futures surged as NVIDIA (NVDA) shares rallied almost 25% after the close as earnings and forecasts beat expectations
- The FOMC May minutes were in fitting with recent Fed commentary and showed that officials were somewhat split on support for more rate hikes
- European...