Bruised Stocks Face Week Full of Tests, From Nvidia to Powell

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 50%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Equity traders reeling from the market’s worst stretch since February face some pivotal events in the days ahead, and a closely watched speech by Federal Reserve Chair Jerome Powell may not even be the biggest test of all.

Ahead of Powell’s address Friday at a Fed symposium in Wyoming, traders are going to look to a crucial earnings report Wednesday from Nvidia Corp. to set the tone. A blowout forecast for surging revenue in May from the chipmaker, now the fourth-largest component of the S&P 500 Index, helped ignite the artificial-intelligence rally that’s powered the benchmark’s roughly 14% advance this year.

“Investors are betting on a narrative that inflation is under control and the Fed can declare victory, but it has yet to become a reality — and that’s the biggest risk to the stock market,” said Stephanie Lang, chief investment officer at Homrich Berg. At the same time, “it’s going to be tough for this rally to continue unless Nvidia can translate the power of AI into earnings growth.”

As the selloff in US stocks gained momentum last week, with the S&P 500 posting its first three-week slide since February, so did the appetite for options contracts betting on more losses. The S&P 500 has dropped 4.8% in August, on pace for the worst month this year, and the Cboe VIX Index — a measure of expected swings in the benchmark — is near the highest since May. While the weakness in stocks is hardly fostering panic, derivatives traders are definitely taking notice.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 83. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

US stocks trade mixed as the Dow caps off its worst week since MarchThe S&P 500 and Nasdaq Composite both notched their third consecutive week of declines.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Bitcoin hit with a bearish bat: Stocks headed lower on DXY strength?(Kitco commentary) - I was wrong about Bitcoin getting over 32k here. It could be because some have decided it really is a “fugazi,” or maybe technical selling from traders on the breach of the upward trendline under low liquidity exacerbated the move
출처: KitcoNewsNOW - 🏆 13. / 78 더 많은 것을 읽으십시오 »

Stocks look set to end brutal week with more steep losses: Stock market news todayStocks were set to continue an August swoon on Friday.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »