Nvidia Earnings and Jackson Hole Key Catalysts for Market Volatility

Nvidia's upcoming earnings report on Wednesday is set to be a significant catalyst for the market, particularly in the context of artificial intelligence. The company's performance will have a ripple effect on the broader index, given that its top 10 holdings account for nearly 46% of Invesco QQQ Trust's weighting.

Jensen Huang's guidance on AI capex is expected to be closely watched, as it can influence the entire sector. Meanwhile, Fed Chair Kevin Warsh will take the stage at Jackson Hole on Friday, where he will address rate policy.