Wall Street’s main indexes were flat as investors stepped onto the sidelines ahead of the Federal Reserve’s highly anticipated first interest rate cut in more than four years.
Read More Wall St subdued as investors await Fed decision with bated breath
Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.
Read More Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed
The S&P 500 and the Nasdaq rose on Tuesday as most megacap stocks gained, with focus now moving to key inflation data later this week.
Read More Nasdaq, S&P gain on megacap boost in lead up to inflation report
Shares of Nvidia and other Big Tech stocks have helped power the markets run to record highs this year.
Read More Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
Wall Street’s main indexes fell over 1% as investors assessed latest factory activity data.
Read More Wall St kicks off September on downbeat note at start of data-packed week
Investors used to Nvidia’s blockbuster results will be expecting even more from the artificial intelligence chip giant.
Read More Nvidia Q2 sales likely to double, even a slight miss may hurt shares