Wall St slips at open after inflation data; Nvidia in focus
Hotter U.S. inflation lifted expectations for a September Federal Reserve rate hike, with Fed funds futures showing a 44% chance, analysts said.
8 Articles
8 Articles
US stocks today: US stocks subdued as hot inflation lifts rate hike bets ahead of Nvidia results
US stocks traded flat as investors awaited Nvidia's earnings and assessed hotter-than-expected inflation data. July inflation rose 3.7%, lifting bets on a September Fed rate hike. The Dow slipped 0.04%, while the S&P 500 edged up 0.03% and Nasdaq fell 0.06%, keeping markets cautious.
US stocks today: US stocks slip at open after inflation data; Nvidia in focus
US stocks opened lower on Wednesday after hotter-than-expected inflation data strengthened expectations of another Fed rate hike this year. The Dow, S&P 500 and Nasdaq fell at the open as investors awaited Nvidia's earnings, closely watched for fresh clues on AI demand and the broader tech rally.
Wall St slips at open after inflation data; Nvidia in focus
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 investors awaited results from AI chip leader Nvidi...
Coverage Details
Bias Distribution
- 43% of the sources are Center, 43% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium











