Skip to content
Risk warning: Our products are leveraged and carry a high level of risk, which can result in the loss of your entire capital. Such products may not be suitable for all investors. It is crucial to understand the risks involved fully.
  • Support
  • For Institutionals
  • Trading

    Trading Platforms

    • MetaTrader 4 Terminal
    • MetaTrader 5 Terminal
    • PAMM Accounts
    • Equinix Trading Server

    Markets coverage

    • Forex Currencies
    • Spot Metals
    • Commodities

     

    • CFDs on Stocks
    • Indices
    • CFDs on Crypto

    Start Trading

    • Standard Accounts For individuals
    • Institutional Account For professionals
    • Deposits & Withdrawals
  • Conditions

    Trading Conditions

    • Spreads Overview
    • Swap-Free
    • Leverage Information

     

    • CFD Specifications
    • Full Trading Conditions

    Invest on your terms

    Transparent pricing, reduced trading costs, and leverage that adapts to your strategy.

    Explore conditions
  • Tools
    • Weekly Outlook
    • Daily Technical
    • Market Commentary
    • Economic Calendar
    • News & Insights
  • About
    • About OnEquity
    • Company News
    • Legal Documentation
    • Client Protection
    • Help & Support
    • FAQs
  • Partners
Edit Content
  • English
    ACTIVE
Other languages:
  • Español – Spanish
  • Português – Portuguese
  • English – International
  • Trading
    • Markets Coverage
    • MetaTrader 5 Platform
    • MetaTrader 4 Platform
    • Standard Accounts
    • Institutional Account
    • PAMM Accounts
    • Equinix Trading Server
    • Deposits & Withdrawals
  • Conditions
    • Spreads Overview
    • Leverage Information
    • Swap-Free Trading
    • CFD Specifications
    • Full Trading Conditions
  • Tools
    • Daily Technical
    • Weekly Outlook
    • Market Commentary
    • Economic Calendar
    • News & Insights
  • About
    • About OnEquity
    • Company News
    • Legal Documentation
    • Client Protection
    • Help & Support
    • FAQs
  • Partners
  • Client Portal
  • Open Account
Edit Content
  • English
    ACTIVE
Other languages:
  • Español – Spanish
  • Português – Portuguese
  • English – International
Open Account
Client Portal
Stocks

U.S. Stock Markets Rise With Rate Cuts and Nvidia Results Leading the Way

August 26, 2024 OnEquity

U.S. stock indices were slightly higher on Monday, with markets taking a breather after a week of strong gains amid growing expectations of an interest rate cut by the Federal Reserve.

Caution mainly gripped the markets ahead of several important events this week, most notably the results of NVIDIA Corporation (NVDA), one of the market’s most heavily weighted companies, with results due on Wednesday. The PCE price index data, the Federal Reserve’s favorite inflation gauge, will also be released near the end of the week.

S&P 500 futures were up about 0.1% to 5,661.75 points, while Nasdaq 100 futures were up 0.2% to 19,835.7 points. Dow Jones futures were little changed at 41,289.0 points.

Nvidia’s Results, AI Recovery in Focus

On Wednesday, Nvidia will release its results for the first three months of July, focusing on whether the company has been able to maintain its stellar earnings growth rate due to the artificial intelligence push.

The chipmaker’s results and estimates will also provide further signals on the state of demand for artificial intelligence, coming just after a series of mixed results from other technology heavyweights cast doubt on whether last year’s market rally, driven by artificial intelligence, could be justified. Heavyweights such as Alphabet (GOOGL) and Microsoft Corporation (MSFT) had fallen after their second-quarter earnings reports.

Nvidia, the company that manufactures the most high-tech AI chips on the market, was one of the main beneficiaries of the increased interest in artificial intelligence, doubling its value and becoming one of the most valuable companies on Wall Street this year.

However, this trend will come under scrutiny on Wednesday. Earnings from other chipmaking titans, such as TSMC (TSM) and ASML (ASML), released in July, indicated that chipmakers at least continue to profit from AI demand.

PCE Inflation May Impact the September Rate Cut Expectations

This week, attention will also focus on data from the PCE price index, the Fed’s preferred inflation gauge. The reading will be released on Friday and is likely to provide further signals about the path of interest rates.

Comments made by Fed Chairman Jerome Powell on Friday cemented estimates for a September rate cut, even though CME Fedwatch indicated that market traders were split on a 25 or 50 basis point reduction.

It is possible that the PCE inflation reading will influence bets on the extent of the September cut.

Dow Jones and S&P 500 Hover Near All-Time Highs

Optimism regarding interest rate cuts sent Wall Street indexes to near record highs on Friday.

The S&P 500 rose 1.2% to 5,634.62 points, while the Dow Jones Industrial Average lost about 1.1% to 41,175.08 points. The Nasdaq Composite rose nearly 1.5% to 17,877.79 points.

While the Dow Jones and S&P 500 were approaching recent highs, the Nasdaq continued to trade below its all-time high achieved earlier in the year, as a mix of profit-taking and doubts about the artificial intelligence rally hit all technology stocks in July.

Rate cut expectations also caused traders to sell technology stocks and move into sectors that are more sensitive from an economic and value-oriented perspective.

  • Stocks
  • Wall Street

Post navigation

Previous
Next

Search

Categories

  • Analysis (219)
  • Beginner (24)
  • Cryptos (146)
  • Currencies (189)
  • Daily Technical (147)
  • Education (64)
  • Expert (23)
  • Intermediate (17)
  • Markets (438)
  • News & Releases (22)
  • Stocks (292)
  • Uncategorized (1)
  • Weekly Outlook (70)

Recent posts

  • Trump May Sign Executive Order Targeting Banks That Discriminate Against Crypto Firms
  • Fundamental Analysis of European and U.S. Stock Markets – August 5, 2025
  • Today’s stocks to watch: AMD, Palantir, and Super Micro

Tags

Analysis Bitcoin Cardano CPI Crypto Cryptocurrencies Currencies Daily Dollar earnings Education Elections ETF ETFs Ethereum Euro Fed Index inflation Litecoin Market Markets Nasdaq oil Outlook Pound Ripple SEC Solana Stablecoin Stock Market Stocks Stocks Market Stocks today Technical Technical Analysis Technology Tether Trading Trump Wall Street Weekly Weekly Outlook Yen Yuan

Related posts

Markets, Stocks

U.S. stock futures keep bouncing back; Palantir is making a big impression

August 5, 2025 Carlos Sereno

U.S. stock index futures rose slightly on Tuesday, extending Wall Street’s recovery as earnings season continues to unfold. As of 05:45 ET (09:45 GMT), Dow Jones futures were up 65 points (0.1%), S&P 500 futures gained 10 points (0.1%), and Nasdaq 100 futures added 38 points (0.2%). Monday’s gains helped reverse last week’s steep losses, […]

Markets, Stocks

U.S. stock futures rise on heightened hopes for interest rate cuts

August 4, 2025 Carlos Sereno

U.S. stock futures advanced early Monday, recovering from last week’s payrolls-driven sell-off as expectations for lower interest rates buoyed investor sentiment.At 06:49 ET (10:49 GMT), Dow Jones futures were up 252 points (0.6%), S&P 500 futures gained 39 points (0.6%), and Nasdaq 100 futures rose 177 points (0.8%). Wall Street’s major indexes closed sharply lower […]

Stocks

U.S. Stock Futures Fall After Record Highs, Powell and Musk Draw Trump’s Rage

July 1, 2025 OnEquity

U.S. stock futures edged lower on Tuesday, easing from record highs as investors weighed trade and fiscal policy headlines and positioned ahead of key labor market data due later this week.At 06:00 ET (10:00 GMT), Dow Jones futures were down 28 points (-0.1%), S&P 500 futures fell 12 points (-0.2%), and Nasdaq 100 futures declined […]

  • Privacy policy
  • Client agreement
  • Legal
  • Support
  • +2484671965
  • [email protected]
  • Chat with us
Company
  • About us
  • Regulation
  • Safety of funds
  • Company news
  • Insights
  • FAQ
Account options
  • Standard accounts
  • Institutional account
  • PAMM accounts
  • Swap-free account
Conditions
  • Spreads overview
  • Leverage tiers
  • CFD specifications
  • Markets coverage
Trading tools
  • MetaTrader 5
  • MetaTrader 4
  • Equinix trading server
  • Economic calendar
  • Daily technical
  • Weekly outlook
  • Market commentary
OnEquity Ltd is incorporated in Seychelles as a Securities Dealer with License No. SD154, authorized by the Seychelles Financial Services Authority (FSA), adhering to the Consolidated Securities Act, 2007. Registration No. 810588-1.

The website is operated and provides content by the OnEquity group of companies, which include:

OnEquity SA (Pty) Ltd, incorporated in South Africa, Company reg. 2021/321834/07, regulated by the Financial Sector Conduct Authority (FSCA) with FSP No. 53187.

OnEquity LLC, recognized by the Registrar of International Business Companies and the Financial Services Authority in St. Vincent and the Grenadines, Registration No. 286 LLC 2020.

ONEQ Global Ltd, registered in Cyprus, Company reg. HE 435383, located at Agias Zonis 22, Limassol, focusing on comprehensive service solutions within the OnEquity Group.
Risk Disclosure: Trading in financial instruments involves substantial risk and may not be suitable for all investors. The value of investments is volatile and can result in total loss of capital. Investors should consider their financial situation, investment experience, and risk tolerance, and may seek professional advice. Past performance is not indicative of future results.

Eligibility: Services are available to individuals 18 years or older.

Restricted Jurisdictions: The content provided by OnEquity is not intended for residents of the United States, Canada, North Korea, Yemen, Iran, Belgium, Syria, or any jurisdiction where such distribution or use would be contrary to local law or regulation.

All trademarks™ and brand names belong to their respective owners and are used here for identification purposes only. Use of these names does not imply endorsement.
© OnEquity. All Rights Reserved.