Nvidia Earnings Beat Launches NQ Futures After Close

Nvidia's blow-out earnings report after the market closed triggered a huge thrust higher in NQ futures. ES futures benefitted as well, highlighting 50-day MA support once again. The bullish move not only stabilizes weakness seen over the past few session, but could redirect both indices back toward recent 2023 highs. The interest rate complex saw bond yields gyrate higher as 10-year futures look to test the 113 threshold, where a key 61.8% retracement lies. Meanwhile, crude oil futures extended recent gains to near key resistance at 76. And, the US dollar enjoyed another strong day of gains, pushing gold futures, the euro and pound lower once again.