{"id":29715,"date":"2025-08-27T10:48:48","date_gmt":"2025-08-27T10:48:48","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=29715"},"modified":"2025-08-27T10:48:48","modified_gmt":"2025-08-27T10:48:48","slug":"sp-500-flat-as-traders-await-nvidia-earnings","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/sv-eu\/analysis\/sp-500-flat-as-traders-await-nvidia-earnings\/","title":{"rendered":"S&amp;P 500 Flat as Traders Await Nvidia Earnings"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/sv\/wp-content\/uploads\/sites\/10\/2025\/03\/download-121-1-1024x559.png\" alt=\"\" class=\"wp-image-18740\" srcset=\"https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/03\/download-121-1-1024x559.png 1024w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/03\/download-121-1-300x164.png 300w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/03\/download-121-1-768x419.png 768w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/03\/download-121-1.png 1408w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>S&amp;P 500 trades at <strong>6,474.72<\/strong>, little changed, just shy of resistance at <strong>6,480.84<\/strong>.<\/li>\n\n\n\n<li>Nvidia earnings expected to drive market direction, with options pricing a <strong>$260B<\/strong> swing.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>U.S. stock index futures were flat on Wednesday as traders stepped aside ahead of Nvidia\u2019s highly anticipated earnings report, a release expected to shape Wall Street\u2019s near-term direction.<\/p>\n\n\n\n<p>Nvidia has been at the centre of the equity rally since April\u2019s lows, crossing the <strong>$4 trillion<\/strong> market capitalisation mark in July to become the world\u2019s largest company on the back of relentless AI demand.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">As US industrial companies pivot into the data centre market, Adam Phillips from EP Wealth Advisors explains why he believes that if investors don&#39;t see the rewards from the vast amounts of AI spending, it could &#39;put pressure&#39; on industrial firms involved <a href=\"https:\/\/t.co\/kfdcYYRkHx\">pic.twitter.com\/kfdcYYRkHx<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1960386769297531201?ref_src=twsrc%5Etfw\">August 26, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The results come as valuations in the tech sector sit well above long-term averages. Concerns over overheating grew after <a href=\"https:\/\/t.co\/LrytEffw6B\" target=\"_blank\" rel=\"noopener\" title=\"\">OpenAI\u2019s Sam Altman<\/a> warned of a potential \u201cAI bubble,\u201d while an MIT study suggested that productivity benefits from AI tools may not translate directly into higher corporate earnings.<\/p>\n\n\n\n<p><a href=\"https:\/\/t.co\/11oUq7ygCe\" target=\"_blank\" rel=\"noopener\" title=\"\">Nvidia\u2019s China sales<\/a> will be under the microscope after this year\u2019s Sino-U.S. trade war and a controversial profit-sharing deal with the U.S. government.<\/p>\n\n\n\n<p>Options markets are pricing in a <strong>$260 billion<\/strong> swing in valuation, underscoring the stakes.<\/p>\n\n\n\n<p>Beyond Nvidia, politics have also unsettled sentiment. President Trump\u2019s attempted dismissal of Fed Governor Lisa Cook raised questions about the central bank\u2019s independence.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Federal Reserve Governor Lisa Cook will file a lawsuit to prevent US President Trump from firing her, kicking off what could be a protracted legal fight over the White House&#39;s effort to shape US monetary policy <a href=\"https:\/\/t.co\/rJnW5muKyK\">https:\/\/t.co\/rJnW5muKyK<\/a> <a href=\"https:\/\/t.co\/CmosXgSddW\">pic.twitter.com\/CmosXgSddW<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1960533979456749720?ref_src=twsrc%5Etfw\">August 27, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Traders, however, continue to price in a <strong>25bp Fed cut in September<\/strong>, with attention turning to Richmond Fed President Thomas Barkin\u2019s comments later today for further policy signals.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>The S&amp;P 500 (SPX) has extended its recovery strongly from April\u2019s low of 4,802, reaching a fresh high near 6,480 before easing slightly to 6,474.<\/p>\n\n\n\n<p>Price action remains firmly above its 30-day moving average, and both the 5- and 10-day averages continue to track higher, confirming strong bullish momentum.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"450\" src=\"https:\/\/www.vtmarkets.com\/sv\/wp-content\/uploads\/sites\/10\/2025\/08\/image-19-1024x450.jpeg\" alt=\"\" class=\"wp-image-29716\" srcset=\"https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/08\/image-19-1024x450.jpeg 1024w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/08\/image-19-300x132.jpeg 300w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/08\/image-19-768x337.jpeg 768w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/08\/image-19.jpeg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">#image_title<\/figcaption><\/figure>\n\n\n\n<p>The MACD is still positive, though its histogram has flattened, suggesting upward momentum is slowing after a sustained multi-month rally.<\/p>\n\n\n\n<p>Key resistance lies around 6,480\u20136,500, where price has recently stalled. A breakout above this zone could open the way for another leg higher toward 6,600.<\/p>\n\n\n\n<p>On the downside, first support sits around 6,350, followed by 6,200 if selling deepens. The broader trend remains bullish, but traders should watch for short-term consolidation or profit-taking after the sharp run-up.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Forecast<\/h2>\n\n\n\n<p>If Nvidia delivers a blowout quarter, the S&amp;P 500 could break higher toward <strong>6,500\u20136,550<\/strong>. A disappointing report, however, risks triggering profit-taking across tech, with a pullback toward <strong>6,400<\/strong> likely in the short term.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*5vyjdn*_gcl_au*Njc1MzM0NjY0LjE3NTEzNTM4MTc.*_ga*MjA5ODA0NDIzNC4xNzI3OTE1ODQ1*_ga_J26NL1ZVX7*czE3NTE4NzkxMDYkbzMwOCRnMSR0MTc1MTg3OTExOCRqNDgkbDAkaDA.*_ga_6XQ8153GYW*czE3NTE4NzkxMDgkbzU3JGcxJHQxNzUxODc5MTE4JGo1MCRsMCRoMA..*_ga_BG6LYEHPX1*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMTgkajUwJGwwJGgw*_ga_J8BRGZSREX*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_7CG6454YR5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_69Z54R4H9N*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_CY2VCKFC3C*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_TXZ07R2C21*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_17TMGY9BBE*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_MWDVVSEVL5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_2QCC3S2748*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_E7D2PCX624*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_XJ4037XKK6*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_EJCVQDC7VT*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjYkajQyJGwwJGgw\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. equities hold steady near record highs with traders bracing for Nvidia\u2019s results, seen as a bellwether for AI-driven valuations. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":5,"featured_media":18740,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[8,23],"class_list":["post-29715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-indices","tag-sp500"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts\/29715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/comments?post=29715"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts\/29715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/media\/18740"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/media?parent=29715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/categories?post=29715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/tags?post=29715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}