Premarket: Global stocks rise with cooling geopolitics ahead of Nvidia earnings [Globe and Mail, The (Toronto, Canada)]
JP Morgan Chase & Co. (JPM)
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Source: Globe and Mail, The
artificial intelligence darling Nvidia, while bitcoin hit a new record high and the dollar edged up. Safe-haven assets such as gold and government bonds got a lift on Tuesday after news of Ukraine launching U.S.-made long-range missiles into Russia and Russia announcing it had lowered the threshold for nuclear action. Russian foreign minister Sergei Lavrov later downplayed the nuclear threat, which helped restore a sense of calm across markets and left investors to focus on more immediate events. The MSCI All-World index, which ended the day up 0.4% on Tuesday, was flat on Wednesday, while European shares rallied 0.4% and U.S. stock index futures rose 0.2%. Nvidia, the world's most valuable company, reports third-quarter results after the bell. Shares were up just 0.3% in pre-market trading, but traders are preparing for possible volatility. The options market implies a move of almost 9% either direction in the $3.6 trillion stock, which serves as a kind of barometer for the t
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