Dow futures are struggling to recover after a recent selloff, which was largely influenced by Nvidia’s stock performance. Following a significant decline, Nvidia saw a slight increase, but investor sentiment remains cautious.

Nvidia experienced a 1.8% increase after a notable 6.2% decline, attributed to unmet high expectations from CEO Jensen Huang’s keynote address at the CES conference. Similarly, Palantir Technologies faced challenges, with its stock dropping by 2% after a previous 7.8% fall, as concerns about its elevated valuation grew among investors.

In contrast, shares of Moderna surged by over 6%, building on a nearly 12% gain from the day before, following the announcement of the first bird-flu death in the U.S. The company is actively developing a vaccine for this illness. Meanwhile, MicroStrategy continues to struggle, with its shares falling another 1.4% after a 9.8% drop in the prior session, as the price of bitcoin remains under $96,000.

📎 Related coverage from: marketwatch.com