Stock market today: Dow, S&P 500, Nasdaq futures tick up as Nvidia jumps ahead of Fed meeting kickoff
NvidiaNvidia(US:NVDA) Yahoo Finance·2025-12-08 23:30

Group 1: Nvidia and AI Chips - Nvidia shares rose over 2% in premarket trading after President Trump announced that the company can sell H200 AI chips to "approved customers" in China, with 25% of the sales value payable to the US government [2] - This arrangement adds security to Nvidia's China business amid trade-policy uncertainty, with Chinese President Xi Jinping reportedly responding positively [2] Group 2: Federal Reserve Meeting - The Federal Reserve's final policy decision of the year is anticipated, with traders expecting a quarter-point interest-rate cut, reflecting an 89% chance of easing in December [3] Group 3: Natural Gas Market - Natural gas prices fell by more than 7.9% to drop below $5, influenced by predictions of a warmer-than-expected winter and record production levels in the US [5][6] - Monthly production in the US reached a record of 109.7 billion cubic feet per day in December, contributing to increased supply and lower prices [6] - Average flows of gas to liquefied natural gas (LNG) plants also hit a new monthly high of 18.9 billion cubic feet per day, which tightens the market by reducing available storage [7] Group 4: Oil Market - Crude oil futures experienced a downturn, with Brent and West Texas Intermediate (WTI) crude prices both falling around 2% [8] - Predictions of a global oil supply glut are becoming reality, with markets adjusting to the anticipated abundance [9]