{
  "id": 3484557,
  "title": "US stock futures subdued in run-up to Nvidia results, inflation print",
  "url": "https://urgent.news/2026/08/26/us-stock-futures-subdued-in-run-up-to-nvidia-results-inflation-print",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T10:19:47.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/us-stock-futures-subdued-in-runup-to-nvidia-results-inflation-print-4876659"
  },
  "original_language": "en",
  "account": "On Wednesday, U.S. stock index futures remained relatively unchanged as investors approached Nvidia's earnings report and the upcoming inflation data that could affect interest-rate expectations. The Personal Consumption Expenditures report, the Federal Reserve's favored inflation measure, is anticipated to reveal that price pressures increased to 3.6% in July. Additionally, a second estimate of economic growth is scheduled for later in the day. Currently, traders have allocated for one 25-basis-point rate hike in 2026, as per LSEG data. However, a neutral consumer inflation reading has decreased the likelihood of a September rate increase.\n\nThe focus of markets remains on Nvidia, the AI chip leader, widely regarded as the next significant test of the AI-driven rally. Any indication of slowing growth could reignite doubts about the AI-fueled rally's durability and set the tone for markets throughout the week. Nvidia's shares increased by 0.2% in premarket trading. Ostwald, the chief economist and global strategist at ADM Investor Services, noted that a reduction in cyclical spending and the concentration of Nvidia's revenue streams could overshadow strong results.\n\nOn the other hand, underwhelming results could exacerbate the disparity between software stocks, which have suffered losses this year, and semiconductors, which have benefited from AI excitement. Meanwhile, Intuit's shares dropped 11.7% following the TurboTax company's forecast of annual revenue below Wall Street expectations. Other software stocks, including Adobe, ServiceNow, and Atlassian, also experienced declines of over 2% each.\n\nAt 05:26 a.m. ET, the Dow E-minis rose by 31 points, or 0.06%, while the S&P 500 E-minis fell by 7.5 points, or 0.10%, and the Nasdaq 100 E-minis dropped by 76.25 points, or 0.26%. Earnings from numerous consumer companies will also be scrutinized. Iran recently announced the resumption of talks with Oman to manage the Strait of Hormuz, which has improved broader risk appetite. Escalating concerns over higher-for-longer oil prices, growing government debt, and inflation expectations pushed Treasury yields to multi-year highs last week; however, they fell after the Treasury announced support measures. Higher yields adversely affected tech stocks earlier in the week but recovered in the previous session, allowing Wall Street to close higher.\n\nUncertainty in the macro environment and brief respite from the Treasury's measures have shifted the focus to Fed Chair Kevin Warsh's speech at the Jackson Hole symposium on Friday, which may provide insights into where the central bank stands on the rate path. A dovish surprise, emphasizing weakening growth or labor market risks, could result in lower real bond yields, a weaker dollar, and positive equity performance. Conversely, a hawkish surprise, expressing explicit concerns over inflation or a willingness to raise rates, would push short-term yields higher. A speech that fails to reassure investors would intensify pressure on long-term yields.",
  "summary": null,
  "key_points": [
    "U.S. stock futures remain stable before Nvidia earnings and inflation data",
    "July inflation expected at 3.6% in Personal Consumption Expenditures report",
    "Fed Chair Kevin Warsh's Jackson Hole speech may impact rate expectations"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "title": "4 reasons Nvidia stock is lagging",
        "url": "https://urgent.news/2026/08/26/4-reasons-nvidia-stock-is-lagging",
        "published": "2026-08-26T09:35:42.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}