Investing nasdaq futures gained momentum after a softer PPI

Investing NASDAQ futures gained momentum after a softer PPI reading reinforced the Fed’s policy easing outlook. Traders now price in a 65% probability of a September rate cut, which could further lift tech valuations. Keith Speights has positions in Ares Capital, Energy Transfer, and Pfizer. The Motley Fool has positions in and recommends Pfizer. The Motley Fool has a disclosure policy . Gold prices ( GC=F ) surged nearly 1% to hover at all-time highs as the US dollar eased ahead of this week's highly anticipated Federal Reserve decision. NASDAQ futures ticked up 0.25% in early European trade, supported by a rebound in biotech and fintech stocks. Analysts note the potential for a breakout if corporate earnings continue to exceed expectations.