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NVDA
Reuters
154 days

Wall Street set for lower open, Fed meet in focus | Reuters

1. Nvidia shares decline premarket ahead of developer conference announcement. 2. Company to unveil details of its new AI chip soon. 3. US stock market futures indicate lower opening amid ongoing tariff frictions. 4. Federal Reserve expected to maintain steady interest rates. 5. S&P 500 enters correction phase after recent declines.

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FAQ

Why Neutral?

Despite lower premarket trading, upcoming AI chip announcement may uplift sentiment.

How important is it?

Company news has high relevance, but overall market sentiment dampens immediate impact.

Why Short Term?

Impact expected closely tied to the immediate reactions to conference reveals.

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