Stock market today S&P 500, Nasdaq futures recover in countdown to Nvidia earnings, Fed Jackson Hole summit

Image for article Stock market today S&P 500, Nasdaq futures recover in countdown to Nvidia earnings, Fed Jackson Hole summit
News Source : Yahoo Entertainment

News Summary

  • The Dow Jones Industrial Average and the S&P 500 rose by 0.3%.
  • Nvidia stock rose 2% ahead of its highly anticipated quarterly results due out on Wednesday.
  • Intuit and Zoom Communications will deliver key reads on the software sector when they report earnings on Tuesday.
  • DICK's Sporting Goods stock sank 30% after the retailer missed second quarter expectations and cut its full-year outlook due to challenging conditions in the athletic marketplace.
  • The price of bitcoin briefly surged above $80,000 for the first time in three months after the Treasury's intervention in the bond market revived concerns about dollar debasement.

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