Global shares trade mixed as market shifts focus from Nvidia to US economy and economic data

From Google: 2024-08-29 04:31:24

Global shares are trading mixed as market attention shifts from Nvidia to the US economy. Investors are monitoring economic data and Federal Reserve comments for signs of when the central bank might start raising interest rates. Tech stocks like Nvidia have been a focus recently, but now there is a broader look at the overall economic picture. The US economy is showing signs of strength, with strong retail sales and lower jobless claims. However, concerns about inflation and supply chain disruptions remain. Overall, the market outlook is uncertain as investors weigh various factors influencing the global economy.



Read more at Google: Global shares trade mixed as market focus turns from Nvidia to US economy – Yahoo Canada Finance