Dow Jones Futures Fall, Nasdaq Gains As Trump Takes Big Tech Leaders To China— Nvidia, Nextpower, Red Cat In Focus

U.S. stock futures were mixed on Wednesday after Monday’s mostly lower close. Dow Jones futures fell, whereas S&P 500 and Nasdaq 100 indices were rising.This follows President Donald Trump‘s visit to China along with Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang, Tesla Inc.‘s (NASDAQ:TSLA) Elon Musk, Apple Inc.’s (NASDAQ:AAPL) Tim Cook, BlackRock Inc.‘s (NYSE:BLK) Larry Fink, and Qualcomm Inc.‘s (NASDAQ:QCOM) Cristiano Amon.Before leaving, Trump said on Tuesday that Americans' financial struggles are not a factor in his decision-making as he seeks to negotiate an end to the Iran war, saying ​that preventing Tehran from acquiring a nuclear weapon is his top priority, reported Reuters.U.S. wholesale inflation accelerated notably in April, with the Producer Price Index (PPI) for final demand jumping 1.4% for the month. On an annual basis, the headline index surged 6.0% over the last 12 months, marking the largest year-over-year increase since December 2022.Meanwhile, the 10-year Treasury bond yielded 4.46%, and the two-year bond was at 3.99%. The CME Group's FedWatch tool‘s projections show markets pricing a 97.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Wednesday. The SPY was up 0.051% at $737.80, while the QQQ was higher by 0.42% to $710.18.------------------------------------------------------------------------------------🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.📲 Follow us on socials @benzinga------------------------------------------------------------------------------------⚠️ Disclaimer:Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.