Morning Juice – US Session Prep (26th February)

Sentiment
A stock rise is sputtering as Nvidia’s earnings beat failed to spark further advances in technology sectors, and investors pulled significant bets as nuclear talks between the US and Iran began.
S&P 500 and Nasdaq 100 futures were slightly changed following a two-day rally. Nvidia climbed 1.4% in premarket trade on good earnings, although concerns about its sales prospects persisted. The majority of the Magnificent Seven lost ground, while Salesforce slumped 3% on a mediocre growth estimate.Brent crude stood near $70 per barrel as the United States and Iran negotiated in Geneva through mediator Oman. Trump set a March 1-6 deadline for Tehran to reach an agreement on the Islamic Republic’s nuclear programs and has warned of military attacks if it does not comply.

Docket
08:30 ET
Weekly Jobless Claims
Initial – Forecast: 216K | Prior: 206K | Range: 230K / 210K
Continued – Forecast: 1.858M | Prior: 1.869M | Range: 1.88M / 1.836M

13:00 ET
US 7-Year Note Auction
Prior High Yield – 4.018%
Prior Bid-to-Cover – 2.45

Speakers
08:45 ET
Fed’s Miran speaks in a TV Interview

10:00 ET
Fed’s Bowman testifies before the Senate Banking Committee on Bank supervision
Text and Q&A are expected

14:30 ET
Fed’s Goolsbee speaks in a TV interview

Good Luck!