S&P 500 Futures Fall 0.4% as Nvidia Earnings Disappoint and Iran Deal Hopes Fade

9 articles · Updated · Bloomberg · May 21

S&P 500 futures fell 0.4% and Nasdaq 100 futures lost 0.6% by 8:32 a.m., extending a risk-off move in US markets.
Nvidia’s earnings failed to revive the AI trade, while Walmart shares also slid, leaving equities without a clear catalyst to offset broader caution.
Oil and Treasury yields climbed as traders waited for concrete signs of progress on a US-Iran peace deal after Iran’s insistence on keeping enriched uranium dimmed optimism.
That combination echoed the prior session, when rising crude and yields had already pressured futures, underscoring how geopolitics and inflation fears are again outweighing tech results.

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