NVIDIA's earnings disappoint, but PCE report beats expectations, Trade Deficit at all-time low.

From Nasdaq: 2025-02-28 10:27:00

NVIDIA’s earnings failed to impress investors, leading to a drop in shares. However, the January Personal Consumption Expenditures (PCE) report exceeded expectations, with Personal Income up and Spending down. Real Spending hit a low of -0.5%, signaling consumer responsibility amid rising prices and contributing to a lower PCE Index year over year.

The Trade Deficit hit an all-time low of -$153 billion in January, likely driven by efforts to avoid impending tariffs. Retail Inventories improved slightly, while Wholesale Inventories rose. Bond Yields have cooled off, with the 10-year yield dropping to +4.26%. This suggests a cautious approach to economic growth and potential rate cuts in 2025.

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Read more at Nasdaq: PCE Brings Good News to the Stock Market