Market Nervous as Fed and Nvidia Watch | Spokane News

The market opened shaky as tech stocks tumbled amid looming U.S. sanctions on Iran — dubbed an “economic D-Day” — sending investors into nervous mode ahead of a packed week. Nvidia and Micron led the tech sell-off, while financials like JPMorgan and Visa held firm, cushioning the Dow’s fall. Bond yields surged past 5%, sparking speculation about Treasury buybacks via its General Account. Key events loom: Fed Chair Kevin Warsh’s Jackson Hole speech Friday could offer crucial rate clarity, Nvidia’s earnings report may shake the sector, and Wednesday’s Personal Consumption Expenditures data — the Fed’s top inflation gauge — could ease or heighten rate hike fears. Meanwhile, Trump threatens new Canadian auto tariffs, adding to global trade tension. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/47a8edd39af5e8d4