Morning brief

European open higher ▲ (Up)

• 🇫🇷

  CAC 40

  ^FCHI

  8,381

  ▲ 0.57%

  Up
• 🇪🇺

  Euro Stoxx 50

  ^STOXX50E

  6,406

  ▲ 0.19%

  Up

US futures lower ▼ (Down)

• 🇺🇸

  Nasdaq 100

  NQ=F

  28,218

  ▼ 0.90%

  Down
• 🇺🇸

  S&P 500

  ES=F

  7,608

  ▼ 0.43%

  Down

• 📌

  Europe is firmer in early trade: the CAC 40 is up 0.57% at 8,380.56 and the Euro Stoxx 50 is up 0.19%. US futures are lower, with Nasdaq futures down 0.90%, after Nvidia fell after hours on reports its board may oust CEO Jensen Huang.

  • $NVDA
• 📌

  Asia closed lower. Japan's Nikkei 225 slipped 0.70% to 60,819.36, while Hong Kong's Hang Seng fell 2.35% to 23,981.

• 📌

  The US 10-year Treasury yield is at 5.00%, up from 4.98%. Brent crude is at 93.44, up 0.73%, so energy prices stay in focus.

• 📌

  Watch Nvidia and the AI trade today. Reports that the board may remove Jensen Huang have raised questions about leadership at the chipmaker, after CoreWeave's strong results lifted the sector overnight.

  • $NVDA
  • $CRWV
• 📍

  ADIG reports before the US open, with analysts expecting earnings per share of about 0.44 and revenue of about 1,281,171,000. Watch the revenue line and any guidance for the coming quarters.

  • $ADIG