Nvidia Earnings and Economic Updates Dominate Post-Shutdown Week
Investors brace for a critical week of earnings and economic data as the U.S. government resumes operations after a 43-day shutdown. Nvidia, the world's most valuable company and a bellwether for AI demand, takes center stage with its Wednesday report. Last quarter's narrow earnings beat calmed markets—this update will test whether the AI boom still justifies soaring valuations.
Retail heavyweights including Walmart, Target, and Home Depot will reveal consumer resilience ahead of the holiday season. Walmart's announcement of incoming CEO John Furner adds intrigue to its results. Housing data—likely delayed by the shutdown—remains crucial as existing-home sales linger NEAR historic lows.
The Federal Reserve's meeting minutes and final November consumer sentiment reading will complete the macroeconomic picture. These releases collectively gauge how households and policymakers are navigating persistent economic uncertainty.
