Wall Street opens pivotal week with Nvidia earnings, Iran sanctions, Fed speech in focus

invezz.com

US stock futures fell Monday as Wall Street opened a pivotal week, with Nasdaq 100 futures down 0.6% and S&P 500 futures off 0.2%. Nvidia's earnings, new Iran sanctions, and a Federal Reserve speech are set to influence markets. Nvidia reports fiscal second-quarter results Wednesday after five straight daily declines, with investors watching for impacts from rising AI server prices. Treasury Secretary Scott Bessent is expected to outline tougher Iran sanctions at 2 pm ET, potentially affecting oil prices near $91 Brent. The 30-year Treasury yield hit a 19-year high last week, pressuring tech stocks. Fed Chair Kevin Warsh speaks at Jackson Hole Friday, while July PCE inflation data arrives earlier. A US-Canada trade dispute added further market uncertainty.


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