Tech earnings roll on with Nvidia and AMD ahead. Soaring semiconductor stocks grapple with lofty expectations while software faces an uphill battle as investors gauge AI's impact.
Solid earnings from four of the Magnificent Seven provided fresh energy, while oil prices slipped. Inflation data was mostly in line with expectations, and Apple reports later.
As widely expected amid rising oil, rates will remain 3.5% to 3.75%. However, four policymakers dissented. And Fed Chair Powell will stay as governor after his chairmanship ends.
After a sell-off in chip stocks yesterday on OpenAI concerns, investors await an expected Fed pause today along with earnings from four of the Magnificent Seven.
Treasury Inflation-Protected Securities, or TIPS, can help buffer a portfolio against inflation. However, it's important to understand their unique characteristics and complex nature.
Four of the Magnificent Seven report later today with focus on AI spending after demand worries surfaced yesterday. The Fed is expected to keep rates paused a third straight time.
The Department of Justice drops probe into Fed Chair Jerome Powell, Kevin Warsh's confirmation moves forward, and Department of Homeland Security funding is back in the spotlight.
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