Nvidia, Fed Outlooks Dull Wall Street Bell; Asia Off, Europe Up
MT newswire2026/08/24 11:14Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
07:14 AM EDT, 08/24/2026 (MT Newswires) -- Wall Street futures pointed moderately lower pre-bell Monday as traders awaited a thinner week of earnings reports, but one marked by chip colossus Nvidia's (NVDA) results, to be posted after the close on Wednesday. On deck, the Federal Reserve will hold its annual two-day Jackson Hole Economic Policy Symposium starting Thursday, with Fed Chair Kevin Warsh speaking on Friday. In the futures, the SP 500 fell 0.3%, the Nasdaq declined 0.7%, and the Dow Jones was off 0.1%. The VanEck Semiconductor fund (SMH) traded down 1.7% pre-bell. However, West Texas Intermediate crude oil traded down 2.2% at $85.19 in morning action. Investors also look ahead this week to the core personal consumption price index for July, from Washington on Wednesday, and sure to be parsed for clues to domestic inflation given global crude prices. Asian exchanges traded mostly lower overnight on tech-sector weakness, while European bourses edged north midday on the continent. On the economic calendar is the Chicago Fed National Activity Index for July, at 8:30 am ET. In pre-market action, Bitcoin traded at $77,913 and 10-year US Treasuries offered 4.71%. Spot gold commanded $4,648 an ounce.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Ethereum ETFs Add $29.4M Friday As Fidelity Leads Reported Flows
Newsbtc•2026/09/19 14:30
NEAR Protocol Intents Hit $1.1B Weekly Volume as Token Eyes $5
CoinCryptoNewz•2026/09/19 13:57
AI with continuous learning is still expanding the storage semiconductor market
404k•2026/09/19 13:18
Anthropic's Path to the Public Markets Just Got 2 New Developments
BeInCrypto•2026/09/19 10:15
Crypto prices
MoreBitcoin
BTC
$81,673.65
+1.09%
Ethereum
ETH
$2,643.22
+2.39%
Tether USDt
USDT
$0.9997
+0.02%
BNB
BNB
$770.12
+1.22%
XRP
XRP
$1.44
+3.62%
USDC
USDC
$0.9998
-0.02%
Solana
SOL
$111.84
+1.51%
TRON
TRX
$0.3379
-0.31%
Zcash
ZEC
$1,526.59
+3.54%
Hyperliquid
HYPE
$93.09
+1.13%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now