Investors to track next week’s inflation data for Fed rate signals
Investors will focus on next week’s inflation data, which they say could determine whether the U.S. Federal Reserve hikes interest rates later in the month.
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Investors will focus on next week’s inflation data, which they say could determine whether the U.S. Federal Reserve hikes interest rates later in the month.
Gold traded near $4,500 an ounce after two straight sessions of gains, supported by dovish remarks from Fed Governor Christopher Waller. Traders cut the odds of a September rate hike to about 50% from about 63%.
U.S. stock futures were mixed Thursday, with the Dow slipping and the S&P 500 and Nasdaq 100 rising after Wednesday’s lower close. Nvidia gained 7.32% in premarket after better-than-expected second-quarter results and a strong third-quarter revenue forecast.
U.S. stock futures are lower as President Donald Trump announces “Operation Economic Fury” against Iran, lifting geopolitical tensions and pushing Brent crude higher.
In January 2026, buying silver was one of Wall Street’s highest-conviction trades. The metal, tracked by the iShares Silver Trust (NYSE: SLV ), had just posted its strongest annual gain since 1979. Analysts increasingly viewed silver not only as a precious metal but also as a critical component of the artificial intell