US stock futures point to modest gains, Nvidia and Tesla in focus | Forexlive

S&P 500 futures are up 0.3% shortly before the open.

The main driver of the gains is Nvidia, which is set to be the world’s largest company (once again) at the open. Shares are up 2.6% in the pre-market after unveiling a series of products late yesterday.

One drag is Tesla, with shares down 1.6% in the pre-market following a downgrade.

This would be the third day of gains for US stocks following a 5-day losing streak.