Dow Rises Amid Iran Sanctions, Trade Tensions with Canada, Nvidia Earnings
The Dow Jones Industrial Average rose by 136.78 points, or 0.26%, to 53,413.79 on Monday as investors navigated a densely packed week of market catalysts.
New U.S. sanctions targeting Iran and escalating trade tensions with Canada added uncertainty to the session.
Nvidia's highly anticipated quarterly earnings report and Federal Reserve Chairman Kevin Warsh's keynote address at Jackson Hole, scheduled for Friday, are key events this week.
Richard Reyle, chief investment officer at Questar Capital Partners, described this week as pivotal for two distinct but interconnected reasons tied to Nvidia's results and Warsh's remarks.