Markets Eye Nvidia Earnings Amidst Geopolitical Uncertainty
Following the Supreme Court’s rejection of President Trump’s tariff initiatives, Wall Street braces for a week dominated by earnings reports and escalating US-Iran tensions. Nvidia’s Q4 performance is a key focus, particularly concerning AI sector capital expenditure.
- Earnings Focus: Nvidia, Salesforce, Intuit, and Zoom Communications are among major companies reporting.
- Economic Data: Investors await wholesale inflation, consumer confidence, and Chicago PMI figures.
- Geopolitical Risk: Rising US-Iran tensions, including potential military action, are impacting market sentiment.
- Last Week: The S&P 500 rose 1.1%, the Dow gained 0.3%, and the Nasdaq climbed 1.5%.
