S&P 500 Edges Lower Despite Favorable NVIDIA Results and Stable Core PCE

The S&P 500 edged lower despite favorable results from NVIDIA, which comfortably beat the market’s expectations, while core PCE inflation held steady in July. The cash session had closed nearly flat hours earlier, at 7,675.70 points, ahead of the quarterly report. The S&P 500’s Cautious Path Into Earnings NVIDIA carries the single largest weight of