Markets Hold Steady Amid Trade Tensions

Markets rose slightly this week as the S&P 500 remained near its 5-year high, despite new trade tensions with Canada and continued conflict with Iran.

NVIDIA stock was among the top performers after releasing blowout Q2 earnings, reporting $96.22 billion in revenue with expectations of 70% growth by 2028.

Fed Chair Kevin Warsh spoke at the Jackson Hole Symposium, maintaining a slightly hawkish stance on price stability while warning that promising inflation figures don't necessarily mean a broader economic recovery.