Stock market today: Wall Street hovers around records ahead of Nvidia earnings and inflation data

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Corporate Earnings,Tame Inflation,Stock Market

NEW YORK (AP) — Wall Street is hovering around record highs at the start of a week featuring another full slate of corporate earnings and the government’s...

NEW YORK — Wall Street is hovering around record highs at the start of a week featuring another full slate of corporate earnings and the government’s latest inflation reading.

Bond yields held relatively steady. The yield on the 10-year Treasury rose to 3.81% from 3.80% late Friday. The Fed has been trying to tame inflation by slowing economic growth, but not by so much that it causes a recession. The dynamics of its concerns have shifted. CONCORD, N.H. — A New Hampshire prosecutor told jurors Monday that a former youth detention center worker “took exactly what he wanted, where he wanted it and when he wanted it” when he repeatedly raped a teenage girl, while his attorney said the accuser concocted the allegations for money.

 

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Nvidia stock slips ahead of earnings release as Wall Street reiterates bullish outlookNvidia stock is getting more Wall Street backing ahead of the company's crucial earnings report set for next week.
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Wall Street is still bullish on Nvidia ahead of Q2 earningsSixty-six Wall Street analysts have a Buy rating on Nvidia (NVDA) ahead of the chip giant's second quarter earnings due out Wednesday, August 28. Should...
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