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Barchart
Barchart
Oleksandr Pylypenko

Stocks Set to Open Lower as Fed Rate-Cut Optimism Fades, Nvidia Earnings and U.S. PCE Inflation Data Awaited

September S&P 500 E-Mini futures (ESU25) are down -0.24%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.32% this morning, pointing to a slightly lower open on Wall Street after last Friday’s rally as some of the optimism around expectations for Federal Reserve interest rate cuts faded.

Investor focus this week is on an earnings report from semiconductor stalwart Nvidia, comments from Fed officials, and the release of the Fed’s preferred inflation gauge.

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