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Stocks were mixed as markets weighed impending Nvidia earnings, the Federal Reserve's Jackson Hole symposium, and escalating geopolitical tensions. Fresh U.S. sanctions against Iran and failed U.S.-C…
S&P 500 declined 0.25% as tech stocks retreated from record highs amid inflation concerns and skepticism over AI spending sustainability. AI chip makers and hyperscalers led losses.
Powell's Jackson Hole remarks lifted rate-cut expectations and risk appetite ahead of Nvidia's quarterly report Wednesday; US PCE inflation follows Friday. Live cattle prices have surged YTD due to s…