Wall Street Focuses On Fed Speech And Nvidia Earnings
· Business · LiveMint, Hindustan Times, Bloomberg
Investors are preparing for a week dominated by Federal Reserve Chairman Kevin Warsh's speech at the Jackson Hole symposium in Kansas City, scheduled from August 27 to August 29. Market participants are seeking clarity on the future trajectory of U.S. interest rates. Additionally, Nvidia is set to report its quarterly earnings on Wednesday, providing a crucial indicator for the momentum of AI-related infrastructure demand. The U.S. Treasury also plans to auction $183 billion in notes, while key economic data including PCE inflation and second-quarter GDP estimates will be released.
Why it matters
The Fed's interest rate outlook and Nvidia's earnings are critical drivers for global market sentiment and the sustainability of the current AI-led rally.
Read the original report — LiveMint
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