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US stock futures traded flat as Wall Street weighed inflation concerns and counted down to Nvidia’s (NVDA) earnings.
Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) hugged the flat line.
In day trading, stocks closed mixed as rising oil prices and bond yields added to worries that inflation could become serious enough for the Federal Reserve to consider hiking interest rates.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
Meanwhile, the resolution of the US-Iran war remained elusive. President Trump said Monday that “serious negotiations” are taking place and, at the request of Gulf allies, he had halted military action against Iran that was scheduled to take place on Tuesday.
The release of Nvidia (NVDA) earnings on Wednesday is the focal point of the week. Investors’ expectations for the world’s most valuable company are sky high. Moreover, Nvidia is a bellwether for the AI trade, which has become increasingly important in propping up markets amid inflation and geopolitical uncertainty.
Coming soon
Stock market coverage for Tuesday, May 19, 2026.
