{"id":195515,"date":"2024-08-31T22:22:40","date_gmt":"2024-09-01T03:22:40","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/08\/stock-market-today-us-stocks-slip-as-traders-count-down-to-nvidia-earnings"},"modified":"2024-08-31T22:22:40","modified_gmt":"2024-09-01T03:22:40","slug":"stock-market-today-us-stocks-slip-as-traders-count-down-to-nvidia-earnings","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/08\/stock-market-today-us-stocks-slip-as-traders-count-down-to-nvidia-earnings","title":{"rendered":"Stock market today: US stocks slip as traders count down to Nvidia earnings"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/stock-market-today-us-stocks-slip-as-traders-count-down-to-nvidia-earnings.jpg\"><\/a><\/p>\n<p>\u201cFor equities, all attention is now on Nvidia\u2019s earnings release tonight, which has helped to drive significant moves recent quarters,\u201d Deutsche Bank strategists said in a note Wednesday morning. \u201cBear in mind that Nvidia\u2019s share price is already up +159% on a YTD basis, making it the top performer in the entire S&amp;P 500, and it has risen by more than +1000% since its low in October 2022.\u201d<\/p>\n<p>Traders are also waiting on comments from Atlanta Fed President Raphael Bostic, who\u2019s scheduled to speak after the closing bell. His remarks could provide more guidance on the path of Fed rate cuts this year, with investors pricing in as many as 150 basis points worth of cuts by year-end, according to the <a target=\"_blank\" class=\"\" href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" data-analytics-product-module=\"body_link\" rel=\" nofollow\">CME FedWatch tool<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cFor equities, all attention is now on Nvidia\u2019s earnings release tonight, which has helped to drive significant moves recent quarters,\u201d Deutsche Bank strategists said in a note Wednesday morning. \u201cBear in mind that Nvidia\u2019s share price is already up +159% on a YTD basis, making it the top performer in the entire S&amp;P 500, and [\u2026]<\/p>\n","protected":false},"author":556,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-195515","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/195515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/556"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=195515"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/195515\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=195515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=195515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=195515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}