Treasury futures face downward pressure amid inflation risks, even as Nvidia's AI optimism and Rocket Lab's solar innovation drive positive momentum in the tech sector.
Bullish on NVDA following positive comments from CEO Jensen Huang on AI growth potential.
Bullish on RKLB after debut of new solar cell for space, driving positive price action.
Neutral on MSFT amid corporate restructuring announcement with unclear immediate impact.
December U.S. Treasury note futures hit contract lows as bearish technical indicators and inflation concerns mount. Meanwhile, Nvidia CEO Jensen Huang highlights massive AI growth potential, while Rocket Lab shares rally on new solar technology. Microsoft remains in focus as the company pivots its corporate structure.
Rising U.S. inflation, specifically gasoline prices exceeding $4.00 per gallon, combined with expectations of Federal Reserve interest rate hikes, are exerting downward pressure on Treasury prices.
RKLB shares are rallying following the company's debut of a new, advanced solar cell designed specifically for space applications.