Will NVDA Decide The Fate Of The Stock Market Next Week? 😅
@ZEROHERO:
$NVIDIA Corp(NVDA)$ U.S. stocks closed lower Friday, with the S&P 500, Dow Jones Industrial Average and Nasdaq Composite all snapping five straight weeks of gains. Is the party going to be over soon? Time will tell but first, go enjoy your long weekend! 🥳 The sign is here 🚨 Wall Street paused for a breather Friday following a stronger-than-anticipated producer inflation report that once again caught investors off guard, echoing the heat of a similarly strong consumer inflation report earlier in the week. The Producer Price Index (PPI) for January 2024 saw a 0.3% month-over-month increase, surpassing the projected 0.1% surge, while the Consumer Price Index (CPI) surged by 3.1% year-on-year, exceeding the forecast