Dow Holds Steady as Investors Await Key Events and Earnings Reports

The Dow Jones Industrial Average (DJI) held steady on Wednesday as investors awaited key events. The S&P 500 and Nasdaq Comp also rose, with several stocks rebounding, including NVDA, MRVL, MU, and SPCX.

One notable stock is NVIDIA (NVDA), which reports its second-quarter fiscal year 2027 earnings on August 26. This comes as the company faces a 'sell-the-news' pattern after four consecutive quarters of post-earnings losses.

The Fed's Warsh might provide an update at Jackson Hole on ways to tackle inflation, while the U.S. July core PCE rose 3.3% year-over-year, falling within the historical forecasting range.