Choppy Trading Likely To Persist On Wall Street Ahead Of Nvidia Earnings

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Wednesday, 28 August 2024 10:03:31 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a roughly flat open on Wednesday, with stocks likely to extend the lackluster performance seen in the previous session. Traders may continue to stick to the sidelines ahead of the release of fiscal second quarter results from market leader Nvidia (NVDA) after the close of today?s trading. Shares of Nvidia jumped by 1.5 percent on Tuesday, regaining ground after tumbling by 2.3 percent during Monday's session. Traders are also looking ahead to Friday?s release of the Commerce Department report on personal income and spending in the month of July, which includes readings on inflation said to be preferred by the Federal Reserve. Economists currently expect the annual rate of co... [Read More]( --------------------------------------------------------------- Do you day trade? Trader Alerts streams stocks reaching new highs and lows as well as stocks breaking out of previous volume highs as they happen. It's a powerful tool for day trading ideas. [Learn More / Upgrade]( --------------------------------------------------------------- U.S. Economic Reports The Energy Information Administration is scheduled to release its report on oil inventories in the week ended August 23rd at 10:30 am ET. Crude oil inventories ... [Read More]( --------------------------------------------------------------- Europe European stocks have advanced on Wednesday ahead of highly anticipated results from Nvidia later today and key U.S. inflation data on Friday. The highly anticipated earnings report from the AI darling will provide a key test for the AI demand story. The pan European STOXX 600 Index is up by 0.4 percent at 521.00, hitting a one-month high. The German DAX has climbed 0.8 p... [Read More]( --------------------------------------------------------------- [Sell every Stock except ONE]( Markets are down... But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month... [Ticker Revealed.]( --------------------------------------------------------------- Asia Asian stocks ended mixed on Wednesday as investors eagerly awaited earnings from market darling Nvidia, which could affect shares of artificial intelligence and other prominent technology stocks. Investors also awaited the release of the Federal Reserve's preferred inflation gauge later this week for signals on U.S. interest rate reductions. The dollar tried to regain some ground after having hit its lowest in more than a year against a basket of peers. Gold dipped on dollar strength, while oil held steady after a dramatic drop in the previous session ... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are slumping $1.14 to $74.39 a barrel after tumbling $1.89 to $75.53 a barrel on Tuesday. Meanwhile, an oun... [Read More]( --------------------------------------------------------------- To unsubscribe from this news bulletin or edit your mailing list settings click [here](. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +1 888-992-3836. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49