The stock market remains on track for a modestly higher open this morning, with the S&P 500 futures currently trading nine points above fair value.
While the major averages finished lower across the board yesterday, a late-session uptick in the market's largest names saw them close well off their session lows. Four of the "magnificent seven" names trade higher in the pre-market this morning, suggesting investors may be primed to make another "buy the dip" move today.
NVIDIA (NVDA 193.86, +1.29, +0.7%) is an early standout, looking to build on yesterday's momentum after Cantor Fitzgerald raised the stock's target price to $300 from $240.