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All eyes turned to the Federal Reserve's Jackson Hole Symposium, where Fed Chairman Kevin Warsh is scheduled to speak.
Nvidia broke out on earnings but didn't have coattails. Meanwhile several software stocks flashed buy signals on a trio of earnings. Fed chief Kevin Warsh's big speech looms.
Nvidia’s earnings woke up the Nasdaq Composite on Thursday, but Wall Street isn’t out of the woods yet this week. The Dow Jones Industrial Average rose 105 points, or 0.2%. The S&P 500 was up 0.7%. The Nasdaq Composite was up 1.
The FTSE 100 index closed down 85.58 points, 0.8%, at 10,792.54.
Growth and value stocks were neck and neck yesterday, but Nvidia’s earnings has Wall Street picking a favorite again. The iShares Russell 1000 Growth ETF was up 1.4%, while the Invesco S&P 500 High Beta ETF was up 0.4%. On the flip side, the value-focused and low-volatility counterparts of both indexes were down on the day.
Aug 27 (Reuters) - Wall Street's main indexes opened higher on Thursday, boosted by gains in technology stocks after chip giant Nvidia's blockbuster forecast renewed investor confidence in the AI
futures were stronger, up 1%, thanks to Nvidia’s strong quarterly results. Nvidia stock rose nearly 7% in premarket trading after better-than-expected earnings and strong guidance. Wednesday evening, Nvidia reported second-quarter earnings per share of $2.22, better than the $2.09 Wall Street expected.
SpaceX. tock rose early Thursday, helped, like much of the market, by Nvidia’s earnings. Shares of Elon Musk’s rocket and AI company rose 0.6% to $140.47 in premarket trading, while futures were up 0.4% and futures were down 0.1%. futures were the strongest, up 1%, thanks in part to Nvidia’s strong quarterly results.
Shares of Elon Musk’s rocket and AI company rose 0.6% to $140.47 in premarket trading, while futures were up 0.4% and futures were down 0.1%. futures were the strongest, up 1%, thanks in part to Nvidia’s strong quarterly results. Nvidia stock rose nearly 7% in premarket trading after better-than-expected earnings and strong guidance.
On Aug. 26, 2026, hotter-than-expected July inflation and rising bond yields shifted rate-cut expectations, weighing on chip stocks ahead of Nvidia's earnings.
The U.S. stock market drifted through a quiet day of trading after a report said inflation last month was a touch worse than economists expected. The Dow Jones Industrial Average dipped 0.2%, and the Nasdaq composite slipped 0.1%. Treasury yields ticked higher following the update on inflation, which has traders still mostly betting the Federal Reserve will hike the federal funds rate by the end of this year.
US equity indexes ended lower Wednesday as most government bond yields rose after the Federal Reserv
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
A late-afternoon recovery fell short for the S&P 500 ahead of a major earnings test for the AI stock rally. The Nasdaq Composite was down 0.1%. An eclectic mix of moment, growth, quality, value, and risk stocks helped propel the market on an otherwise rudderless day.
(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa
What a lot of market watchers are wondering today is: What’s next for the AI boom? Nvidia’s results don’t move the market like they used to, And over the last four quarters, Nvidia’s share price has averaged a 2.8% loss the day after earnings. Stay tuned for deep coverage of Nvidia’s earnings report when it releases this afternoon.
Aug 26 (Reuters) - Wall Street's main indexes opened lower on Wednesday after hotter-than-expected inflation data reinforced bets on another quarter-point Federal Reserve rate hike this year, as
Stocks were wobbling after another hot inflation report, but the real event for markets on Wednesday is yet to come. The Nasdaq Composite was down 0.2%. Nvidia is set to report results after the close.
Stocks are rallying, but still haven’t posted meaningful gains since May. The next three days could change that.
Ahead of the bell US stock futures went nowhere on Wednesday morning, which tells you plenty about how much is riding on the next 12 hours. Contracts on the Dow Jones Industrial Average and the S&P 500 sat close to flat, while the tech-heavy Nasdaq 100 slipped 0.2% after Tuesday's...
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