The Stock Market Could Make Big Moves This Week Following Critical News on Nvidia, Interest Rates, and Inflation
The S&P 500 (SNPINDEX: ^GSPC) has rebounded 18% since hitting bottom in early April after President Trump announced his "Liberation Day" tariffs. The index rocketed higher on Tuesday, May 27, as trade tensions eased between the European Union and the United States. But the stock market still faces several hurdles this week.Specifically, Nvidia (NASDAQ: NVDA) will announce its first-quarter financial results after the market closes on Wednesday, May 28, and the Federal Reserve will publish the minutes from its May meeting earlier that same day. Then the Commerce Department will release PCE inflation and consumer spending data for April on Friday, May 30.Here's what investors should know.Continue reading
The S&P 500 (SNPINDEX: ^GSPC) has rebounded 18% since hitting bottom in early April after President Trump announced his "Liberation Day" tariffs. The index rocketed higher on Tuesday, May 27, as trade tensions eased between the European Union and the United States. But the stock market still faces several hurdles this week.
Specifically, Nvidia (NASDAQ: NVDA) will announce its first-quarter financial results after the market closes on Wednesday, May 28, and the Federal Reserve will publish the minutes from its May meeting earlier that same day. Then the Commerce Department will release PCE inflation and consumer spending data for April on Friday, May 30.
Here's what investors should know.
