Wall Street Cautious. Expectations Rise for Nvidia’s Accounts

Wall Street cautiously awaits February inflation data

(Finance) – The New York Stock Exchange remains at par, with the Dow Jones which stands at 41,190 points; along the same line, the remains flatS&P-500with prices positioned at 5,620 points. The levels of the previous day are consolidated Nasdaq 100 (-0.14%); along the same lines, on parity theS&P 100 (-0.06%).

Investors’ eyes are on the stock today Nvidia and its quarterly accounts. The results, to be released tonight after the markets close, by the American tech giant that has become the face of the AI ​​boom, are being used by industry insiders as a litmus test for assessing the state of AI investment.

In the background, the focus remains on macroeconomic data while the market is in favor of the probability that the Federal Reserve will reduce interest rates at its September meeting.

tlb-finance