Reported about 1 month ago
On August 27, 2024, US stocks experienced volatile trading, yet the Dow Jones Industrial Average achieved a new record closing just above the flatline as investors awaited Nvidia's upcoming earnings report, which is expected to greatly influence market sentiment. While the S&P 500 and Nasdaq also posted slight gains, uncertainty surrounded Nvidia's performance amid high expectations and broader market reactions to it, particularly in the semiconductor sector. Furthermore, the financial markets are bracing for crucial inflation data that could impact forthcoming interest rate decisions.
Source: YAHOO