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27.08.202500:00:51UTC+00US Futures Rise Ahead of Nvidia Earnings

U.S. stock futures experienced a slight increase on Wednesday as investors shifted their attention towards Nvidia's earnings, anticipated as the next significant market driver. During after-hours trading, MongoDB saw an impressive surge of nearly 30%, while Okta rose by approximately 6%, both exceeding Wall Street expectations thanks to strong demand linked to the development of artificial intelligence platforms. Cracker Barrel's stock also experienced an over 7% leap following the company's decision to abandon its new logo amid criticism from customers and former President Donald Trump. In Tuesday's session, the Dow inched up by 0.3%, the S&P 500 gained 0.41%, and the Nasdaq Composite advanced 0.44%. Out of the 11 sectors within the S&P, seven concluded the day with gains, with notable performances from the industrial, financial, and healthcare sectors. These upward movements occurred despite growing concerns regarding the Federal Reserve's independence, spurred by President Trump's unprecedented dismissal of Federal Reserve Governor Lisa Cook.

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