Wall Street waits for Nvidia earnings and PCE data while falling oil prices give bulls some breathing room. The market feels cautious rather than strongly bullish this morning. Nvidia could easily set the tone for tech, while the inflation data will probably matter even more for rates and the broader market.
Wall Street waits for Nvidia earnings and PCE data while falling oil prices give bulls some breathing room. The market feels cautious rather than strongly bullish this morning. Nvidia could easily set the tone for tech, while the inflation data will probably matter even more for rates and the broader market.
My close guess:
🟩 Nasdaq around +0.5%
🟩 S&P 500 around +0.3%
🟩 Dow around +0.1%
So I am going with green today, but only slightly. Just my market guess for the day, not investment advice. 😄