Stocks
Futures Steady Ahead of PCE Inflation Data and Nvidia Earnings
US stock futures remain steady as traders exercise caution ahead of crucial data releases. The Personal Consumption Expenditures (PCE) inflation gauge, the Federal Reserve's preferred measure, is scheduled for release on Wednesday.
Nvidia's post-market earnings report is also expected to provide valuable insights into artificial intelligence demand, a key driver in recent market trends.
The Federal Reserve Chair Kevin Warsh will address policy guidance at the Jackson Hole symposium this Friday, which could impact interest rate adjustments in September.