Dow Dips, Nasdaq Inches Up as Nvidia Earnings Take Center Stage | Daily Market Analysis

Key events: USA - Fed Waller Speaks Eurozone - Eurogroup Meetings UK - BoE MPC Member Mann Speaks USA - Crude Oil Inventories US stocks showed mixed performance on Tuesday, as investors remained cautious ahead of Nvidia's earnings report due on Wednesday. The Dow Jones Industrial Average had dropped 67 points, or 0.2%, while the S&P 500 inched up by 0.1%, and the NASDAQ Composite gained 0.1%.

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Dow Jones Drops Over 1000 Points Amid Economic Slowdown Fears and Tech Stock Pressure | Daily Market Analysis 

Key events: Australia - RBA Interest Rate Decision (Aug) The Dow Jones Industrial Average plummeted over 1000 points on Monday as mounting fears of an economic slowdown exerted pressure on high-performing technology stocks. The Dow fell by 1033 points, or 2.6%, while the S&P 500 declined by 2.9%, and the NASDAQ Composite dropped by 3.4%. These significant losses followed last week's selloff, driven by concerns of an impending economic downturn.

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Nvidia's Rally Boosts S&P 500 and NASDAQ Amid Anticipation for Major Earnings | Daily Market Analysis

Key events: Eurozone - ECB's Lane Speaks Eurozone - Eurogroup Meetings Canada - New Housing Price Index (MoM) (Jun) USA - Existing Home Sales (Jun) The S&P 500 surged on Monday, led by a tech stock rebound spearheaded by Nvidia, following recent weakness, as investors anticipated quarterly earnings reports from major tech companies this week.

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Markets Tumble Amid Tech Stock Rotations and Mixed Economic Data | Daily Market Analysis

Key events: UK - Core Retail Sales (MoM) (Jun) Canada - Core Retail Sales (MoM) (May) USA - FOMC Member Williams Speaks USA - FOMC Member Bostic Speaks The S&P 500 slumped for a second consecutive day on Thursday, experiencing wild swings as the early-day rebound in tech faded amid an ongoing rotation out of high-flying megacap tech stocks ahead of Netflix's earnings report.

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Dow Surges to New Highs as Tech Stocks Plummet on Geopolitical Concerns | Daily Market Analysis

Key events: UK - Unemployment Rate (May) Eurozone - Deposit Facility Rate (Jul) Eurozone - ECB Interest Rate Decision (Jul) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Jul) Eurozone - ECB Press Conference The Dow surged on Wednesday, led by gains in financial and energy sectors as investors rotated away from tech stocks, which were hit by an Nvidia-led decline on geopolitical concerns.

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US Stocks Drop Despite Inflation Slowdown as Rate Cut Speculation Grows | Daily Market Analysis

Key events: USA - PPI (MoM) (Jun) Canada - Building Permits (MoM) (May) USA - Michigan Consumer Sentiment US stocks fell on Thursday despite inflation data suggesting a slowdown in the US economy, which raised the possibility of Federal Reserve interest rate cuts later this year.

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S&P 500 Surpasses 5,600 for the First Time, Driven by Tech Stocks and Rate Cut Optimism | Daily Market Analysis

Key events: UK - GDP (MoM) (May) USA - Core CPI (MoM) (Jun) USA - Initial Jobless Claims USA - 30-Year Bond Auction The S&P 500 closed above 5,600 for the first time on Wednesday, propelled by tech stocks and continued hopes for an earlier rate cut as Fed Chair Jerome Powell delivered his second day of testimony before Congress, a day ahead of new inflation data.

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S&P 500 Hits Fifth Consecutive Record High Amidst Fed Chair Powell's Testimony and Rate Cut Speculation | Daily Market Analysis

Key events: USA - Fed Chair Powell Testifies USA - Crude Oil Inventories USA - 10-Year Note Auction USA - FOMC Member Bowman Speaks USA - Fed Goolsbee Speaks The S&P 500 closed at a record high for the fifth consecutive session on Tuesday as Federal Reserve Chair Jerome Powell's testimony didn't deter investors from expecting a rate cut in September.

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Tech Sector Boosts S&P 500 as Amazon Hits $2 Trillion Market Cap | Daily Market Analysis

Key events: UK - BoE Gov Bailey Speaks Eurozone - ECB's Elderson Speaks USA - Durable Goods Orders (MoM) (May) USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims  The S&P 500 closed slightly higher on Wednesday, buoyed by a record surge in Amazon, which lifted the tech sector ahead of upcoming inflation data. The S&P 500 rose by 0.1%, while the NASDAQ Composite increased by 0.5%. The Dow Jones Industrial Average climbed 16 points, or 0.04%.

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Tech Surge Lifts Nasdaq Amid Inflation Watch, Dollar Strengthens on Fed Remarks | Daily Market Analysis

Key events: Eurozone - ECB's Lane Speaks USA - Building Permits USA - New Home Sales (May) USA - Crude Oil Inventories  On Tuesday, the Nasdaq surged 1%, bolstered by robust performances from Nvidia and other tech giants, while the Dow faced pressure from retail stocks. Investor focus centered on this week's pivotal inflation data, which could shape future US monetary policy decisions.

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