Skip to main content

Featured

Market Jitters as Cooling GDP Meets Hotter Inflation

  US stock futures slipped on Friday as investors weighed a mixed batch of economic signals. Fresh data showed that US GDP growth cooled in the fourth quarter, while the Federal Reserve’s preferred inflation gauge—the core PCE index—picked up momentum, raising questions about the path of interest rates.  Futures tied to the Nasdaq 100 and S&P 500 dipped about 0.3%, while Dow Jones Industrial Average futures fell 0.2%, breaking a three‑day winning streak. Traders also kept a close eye on geopolitical tensions involving the US and Iran, as well as a potential Supreme Court decision on tariffs that could sway market sentiment.  The combination of slowing growth and rising inflation has left markets cautious. Investors are now looking ahead to upcoming economic releases for clearer direction on how the Fed may respond in the months ahead.
Post a Comment
Read more

article

Labels

Wall Street Awaits Key Nvidia Earnings and Inflation Data

 

Wall Street remained relatively quiet today as investors eagerly anticipate Nvidia’s upcoming earnings report and the latest inflation data from the government. Futures for the S&P 500 edged up slightly by less than 0.1%, while the Dow Jones Industrial Average remained nearly unchanged after setting an all-time high the previous day.

The focus is on Nvidia, a key player in the artificial intelligence sector, which is expected to report significant earnings growth. Analysts predict Nvidia will announce earnings of 64 cents per share, a remarkable 156% increase from the same period last year, with revenue projected at $28.6 billion, up 110% year-over-year.

In addition to Nvidia’s results, investors are closely watching the latest inflation data, which could influence the Federal Reserve’s future monetary policy decisions. The combination of corporate earnings and economic indicators is likely to set the tone for the markets in the coming days.

Stay tuned for updates as these critical reports are released.


Labels:

Comments

Post a Comment