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Market Volatility: Stocks Flatten as Powell's Remarks Weigh on Gains

The stock market experienced a turbulent session on Wednesday, ultimately closing near flat after Federal Reserve Chair Jerome Powell's comments on monetary policy and inflation concerns. The S&P 500 ended nearly unchanged , giving back earlier gains as investors digested Powell’s remarks on the Fed’s stance regarding interest rates and economic restraint. Powell reiterated that the central bank remains cautious about inflation, particularly in light of tariff-driven price increases expected over the summer. While the Fed signaled that borrowing costs are likely to decline this year, the pace of future rate cuts appears to be slowing.  Following Powell’s speech, U.S. Treasury yields reversed their earlier declines , influencing market sentiment. The Dow Jones Industrial Average fell 43.83 points (0.10%) , while the Nasdaq Composite managed a slight gain of 23.66 points (0.12%).  Investors also kept a close eye on geopolitical developments, particularly tensions in the Midd...
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Market Watch: Investors Brace for Nvidia's Earnings Amid Market Slump

The stock market saw a slight downturn on Wednesday as investors eagerly awaited Nvidia's earnings report, a key indicator for the tech sector. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all slipped by more than 0.1%, reflecting cautious sentiment ahead of the chipmaker’s highly anticipated results.

Nvidia’s earnings report is expected to provide crucial insights into the demand for AI-related technology, which has been a driving force behind recent market optimism. Analysts predict that if Nvidia surpasses expectations and delivers a strong outlook, it could trigger a broader rally across major indices.

Meanwhile, retail stocks showed mixed performance, with Abercrombie & Fitch surging over 24% following a positive quarterly report, while Macy’s posted modest gains despite revising its 2025 outlook due to tariff uncertainties. Investors are also keeping an eye on the Federal Reserve’s meeting minutes, set to be released later in the day, for further economic insights.

With Nvidia’s earnings looming large, Wall Street remains on edge, hoping for a positive signal that could reinvigorate market momentum.

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