Markets await Fed Chair Warsh's Jackson Hole speech for rate clues. NVDA surges 9% boosting tech, while Marvell (MRVL) drops 8% pressuring Nasdaq futures. Gap (GPS) rallies on new CEO. Major indexes …
Investors are anxiously awaiting Fed Chair Warsh's first Jackson Hole speech, fearing a repeat of the 2022 market rout. Warsh's preference for less forward guidance regarding inflation and interest r…
US equity markets rose intraday, led solely by tech, after Nvidia's blockbuster earnings report sparked a major rally. Oil prices gained slightly on Middle East developments, while gold and silver al…
Nvidia (NVDA) soared 7% premarket after reporting blowout Q2 results and strong guidance, reinforcing AI market strength. The broader market remains mixed as investors await Fed cues from Jackson Hol…
Futures are mixed pre-bell Thursday as markets await the Jackson Hole Symposium. Jobless claims fell, but the trade deficit widened. Nvidia (NVDA) surged 7% on strong earnings, lifting the Nasdaq, wh…
US markets rise pre-bell as investors react to Nvidia's blowout earnings and prepare for the Jackson Hole symposium. Economic data shows persistent inflation and mixed retail results. Crude oil is fl…
Silver edged higher above $24.68, supported by safe-haven demand amid global debt concerns and potential dollar debasement, despite hotter-than-expected US inflation data. Investors await Federal Res…
The GER40 traded slightly higher, supported by tech stocks following Nvidia's strong outlook and AI optimism. However, gains were limited as investors await the Jackson Hole symposium and Fed guidanc…
Crude oil prices dipped alongside U.S. Treasury yields during Asian trade. Market focus is shifting to the upcoming Jackson Hole symposium and recent PCE inflation data, creating cautious sentiment.
NZDUSD edged higher supported by RBNZ rate hike expectations, despite Fed tightening fears and a stronger US Dollar post-US data. Traders await Fed Chair's Jackson Hole speech for further direction.
Gold consolidates above $4,600, eyeing its best month since 1999 on strong ETF inflows and debasement fears. The upcoming Jackson Hole speech by Fed Chair Warsh introduces volatility risk, as a hawki…
US stocks closed slightly lower on Wednesday as elevated inflation data kept Fed rate hike fears alive. Investors braced for Nvidia's (NVDA) earnings report, seen as a market bellwether, while awaiti…
The Australian dollar jumped to a three-month high following hotter-than-expected trimmed mean CPI inflation, increasing RBA rate hike bets. Concurrently, the US dollar edged higher against major pee…
July core PCE rose 0.2% month-over-month and 3.3% annually, matching expectations. The mild monthly pace supports Fed officials favoring a rate pause, though persistent year-over-year stickiness, ene…
The Federal Reserve's core PCE price index indicated persistent inflation with no relief in price pressures ahead of the Jackson Hole symposium, reinforcing expectations of sustained hawkish monetary…
Jim Cramer reaffirmed confidence in Nvidia ahead of its pivotal Q2 earnings, calling the results a referendum on the broader AI ecosystem. Markets are closely watching the report alongside upcoming J…