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tz-plus logo US Markets Stagnate Ahead of key Inflation Data - Anticipation of FED Governor Christopher Waller's Speech - NVIDIA Slumps After Quarterly Report - Continental Leads the DAX - Pure Storage Rises after Optimistic Forecast - Snowflake Rises after Strong Quarterly Figures

M. Blattmann
Reading Time: 9 minutes

US Markets steady ahead of key inflation data - NVIDIA under pressure The American stock markets are in a wait-and-see mode one day before the release of important inflation indicators. While the S&P 500 remains virtually unchanged, NVIDIA weighs on the tech stocks with a disappointing forecast. At the same time, strong economic data supports confidence in the US economic outlook. Recent GDP revisions show an inflation-adjusted growth of 3.3% on an annualized basis in Q2 - significantly above the originally reported rate of 3.0%. This...

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