Warsh Speech, PCE Inflation, and Nvidia Earnings Dominate Wall Street Week Ahead

Wall Street is gearing up for a busy week ahead, with several key events scheduled to take place. Federal Reserve Chairman Kevin Warsh's speech at the Jackson Hole symposium on August 27 will be closely watched by investors seeking clarity on interest rates and future increases.

The latest U.S. PCE inflation data, due out on August 26, will also be under scrutiny as it is the Fed's preferred measure of inflation. Other key economic releases include the second estimate of Q2 GDP, new home sales, consumer confidence index for August, and July durable goods orders.

Nvidia will report its quarterly results after the market close on Wednesday, providing insight into demand for AI infrastructure and the company's exposure to the Chinese market. The bond market will also remain under close watch, with several major Treasury auctions scheduled throughout the week.