European stocks set to rebound as traders eye Nvidia earnings

3 days ago 8

European markets are heading for a higher unfastened Wednesday arsenic traders cogwheel up for a quarterly net study from chipmaker Nvidia.

The Nasdaq-listed banal has go a bellwether for the planetary exertion sector, peculiarly regarding the advancement of the artificial quality boom, arsenic its large firm customers see Microsoft, Google, Meta and Amazon.

Its worth has soared successful caller years, giving it the biggest weighting successful the S&P 500 and an outsized power connected U.S. marketplace performance. The institution volition study aft U.S. markets adjacent connected Wednesday.

Nvidia CEO Jensen Huang attends the "Winning the AI Race" Summit successful  Washington D.C., U.S., July 23, 2025.

Jerome Powell, president  of the US Federal Reserve, left, and Lisa Cook, politician  of the US Federal Reserve, during the Federal Reserve Board unfastened  gathering  successful  Washington, DC, US, connected  Wednesday, June 25, 2025.

Asia-Pacific markets traded mixed connected Wednesday, aft information showed China's concern profits slipped 1.5% twelvemonth connected twelvemonth successful July, a notable betterment pursuing months of steeper declines. 

In India, wherever markets are closed for a holiday, steep U.S. tariffs totaling 50% are acceptable to instrumentality effect.

— CNBC's Lee Ying Shan contributed to this story.

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