U.S. stocks were choppy on Monday, as investors looked ahead to a high-profile quarterly earnings report from Nvidia and crucial economic data.
By 10:02 ET (15:02 GMT), the benchmark S&P 500 had fallen by 19 points or 0.3%, the tech-heavy Nasdaq Composite had dipped by 159 points or 0.8%, and the 30-stock Dow Jones Industrial Average was mostly flat.
The main averages on Wall Street fell on Friday and posted weekly losses, weighed down in part by figures showing a decline in U.S. business activity to a 17-month low -- signaling that businesses and consumers were becoming increasingly worried about Trump administration policy actions.
Consumer sentiment also slipped to a 15-month low and inflation expectations surged, as households fretted over the impact of U.S. President Donald Trump's tariff plans on their purchasing power.
On the economic calendar, traders will be paying close attention to the U.S. personal consumer expenditures price index for January. The data, due out on Friday, is widely viewed as one of the inflation metrics most preferred by officials at the Federal Reserve.
Nvidia results ahead this week
Nvidia (NASDAQ:NVDA) is set to headline the earnings slate this week, with the semiconductor group and figurehead of a surge in investment in artificial intelligence expected to release its results after the market close on Wednesday.
The world's second-most valuable company, Nvidia has become a bellwether for a boom in enthusiasm around AI that has powered a multi-year climb in stock markets.
The trend has propelled a skyrocketing in Nvidia's share price by more than 550% over the past two years.
Source: Investing.com
Australian equities notched a record high as Asia-Pacific markets tracked Wall Street gains on the back of strong U.S. economic data reports and a slew of better-than-expected corporate earnings. Aus...
US stocks advanced on Thursday, supported by upbeat earnings and solid economic data as markets brushed aside lingering concerns over President Trump's criticism of the Fed and renewed tariff threats....
S&P 500 and Nasdaq 100 futures edged up 0.1% and 0.2%, respectively, on Thursday morning (July 17), while the Dow Jones Industrial Average remained flat. What caused this? Investors were digesting...
The STOXX 50 rose 0.9% and the STOXX 600 gained 0.6% on Thursday, marking their first advances in six and five consecutive sessions, respectively, as investor attention shifted to corporate earnings. ...
Asia-Pacific markets mostly fell Thursday, with investors assessing the fall in Japan's exports for the second consecutive month, as well as U.S. President Donald Trump's denial of his intent to fire ...
Gold steadied and was set for a moderate weekly loss as investors assessed the outlook for Federal Reserve rate cuts after resilient US jobs and retail data eased concerns about the economy. Bullion traded below $3,340 an ounce in early Asian...
Australian equities notched a record high as Asia-Pacific markets tracked Wall Street gains on the back of strong U.S. economic data reports and a slew of better-than-expected corporate earnings. Australia stock markets climb to record...
The Japanese yen rose to around 148 per dollar on Friday, rebounding from a significant drop in the previous session, as investors digested the latest inflation data. Headline inflation ticked down to 3.3% in June 2025 from 3.5% in May, yet it...
U.S. consumer prices increased by the most in five months in June amid higher costs for some goods, suggesting tariffs were starting to have an...
European stocks erased early gains and closed mostly lower on Tuesday as markets continued to assess how potential tariffs from the US may hurt...
President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against...
The annual core consumer price inflation rate in the United States, which excludes volatile items like food and energy, ticked up to 2.9% in June...