Nvidia(US:NVDA) Benzinga·2025-11-19 10:27Market Overview - U.S. stock futures were steady after declines on Tuesday, with major benchmark indices showing higher futures [1] - Investors are awaiting Nvidia Corp.'s earnings report and the release of the Fed's October FOMC meeting minutes [1] Treasury Yields and Market Projections - The 10-year Treasury bond yielded 4.12%, while the two-year bond was at 3.58% [2] - Markets are pricing a 46.6% likelihood of the Federal Reserve cutting interest rates in December [2] Stock Performance - Nvidia Corp. rose 0.42% in premarket, with expected earnings of $1.25 per share on revenue of $54.84 billion [7] - Constellation Energy Corp. gained 3.49% after securing a $1 billion loan to restart the Crane Clean Energy Center, expected to create 3,400 jobs [7] - DoorDash Inc. advanced 2.20% following a Jefferies upgrade and a new partnership with Family Dollar [7] - Baidu Inc. slipped 2.50% despite beating revenue expectations, with online marketing revenue dropping 18% year-over-year to $2.16 billion [6] Sector Performance - Energy, health care, and real estate stocks recorded the strongest gains, while consumer discretionary and information technology sectors closed lower [9] Analyst Insights - Professor Jeremy Siegel maintains a constructive long-term view on the economy, suggesting resilience rather than recession [11] - Siegel anticipates a shift to a clearer easing bias from the Fed if economic activity cools, advising caution regarding high valuations in the U.S. tech sector [12] - He highlights international opportunities in Japan and Europe, where valuations are cheaper than in the U.S. [12] Upcoming Economic Data - Investors are monitoring upcoming data releases, including the Philadelphia Fed manufacturing survey, housing starts, and building permits [14]