US stocks set for modest gains at the open despite further Nvidia selling

Friday’s have been rough so far this year.

I suspect that’s because of the risks around some kind of tumultuous Trump announcement on the weekend. So far, today is looking a bit better with S&P 500 futures up 9 points.

That said, yesterday futures were up 30 points in the pre-market and the index finished the day down nearly 100.

Eyes are on Nvidia, which is trading at $117, down 2%. It was at $136 at the open yesterday before getting flushed.

The gains since the US election in the S&P 500 are virtually gone.

This article was written by Adam Button at www.forexlive.com.