Wall St slips at open after inflation data; Nvidia in focus

Wall Street edges lower after inflation data and ahead of Nvidia earnings

Wall Street dips as traders digest PCE inflation, durable goods and GDP data ahead of Nvidia earnings.

US stocks today: US stocks slip at open after inflation data; Nvidia in focus

US stocks opened lower on Wednesday after hotter-than-expected inflation data strengthened expectations of another Fed rate hike this year. The Dow, S&P 500 and Nasdaq fell at the open as investors awaited Nvidia's earnings, closely watched for fresh clues on AI demand and the broader tech rally.

Wall St slips at open after inflation data; Nvidia in focus

Aug 26 (Reuters) - Wall Street's main indexes opened lower ​on Wednesday ‌after hotter-than-expected inflation data reinforced bets on another quarter-point Federal ‌Reserve ​rate ⁠hike this year, ⁠as investors awaited results from AI chip leader Nvidi...