A.M. Update

S&P futures are up 0.4%, bolstered by the news that Nvidia (NVDA) is getting approval to sell its H20 chips again in China. Several large financial institutions have also released their earnings results. Citigroup (C +1%) beats EPS expectations by $0.35 and guides FY25 revenues in-line. Total CPI was up 0.3% month-over-month in June (consensus 0.3%)…