Tag: CNBC
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NVIDIA: NASDAQ SUPERSTAR
Nvidia’s upcoming earnings report could have a significant impact on the market sentiment, according to Joe Terranova and Liz Young. Terranova highlights how Nvidia’s strong earnings in the past led to a rally in the S&P, suggesting that positive results from Nvidia could help the market recover from its current weak period. Conversely, disappointment from…
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69
University of Michigan’s final consumer sentiment reading for June is reported at 64.4, making it the second-best reading of the year. Current conditions also improved to 69, the second-best reading outside of February. Inflation numbers remained steady, with a one-year inflation rate of 3.3 and a 5 to 10-year inflation rate of 3.0, both being…