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THE TRUISM

@thetruism · 46d ago

New YorkBusiness46d ago

Wall Street flat ahead of Nvidia earnings as inflation concerns fuel rate worries

US stocks traded flatly ahead of Nvidia's highly anticipated earnings report, while hotter-than-expected inflation data fueled worries about interest rate hikes.

No further material developments are expected.

The numbers

New York

Rate decision in New York

  • US wholesale prices rose less than anticipated, supporting stock market gains
  • Wall Street indices rose, driven by a rebound in technology stocks ahead of Nvidia's earnings announcement.

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Live updates

  1. Aug 26 · 3:30 PM

    Evidence update

    Wall Street trades muted ahead of Nvidia's earnings as hot inflation data dampens hopes for rate cuts.

  2. Aug 25 · 8:20 PM

    Evidence update

    Wall Street indices rise as technology stocks rebound ahead of Nvidia's quarterly earnings report.

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What we know

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What we don't know

Open questions are tracked here until evidence answers them. The Truism never fills a gap with an assumption.

  • Whether the Federal Reserve will implement a 25 or 50 basis point interest rate cut at its next meeting.
  • What were the exact futures movements, for which indices, and at what timestamp?
  • What evidence establishes the S&P 500's third consecutive positive week?
  • What were the actual and expected PPI readings, and for which reporting period?

Update & correction history

  1. Aug 26 · 3:30 PM

    Evidence update

    Wall Street trades muted ahead of Nvidia's earnings as hot inflation data dampens hopes for rate cuts.

  2. Aug 25 · 8:20 PM

    Evidence update

    Wall Street indices rise as technology stocks rebound ahead of Nvidia's quarterly earnings report.

The record is never silently rewritten. Every change is logged.