Nvidia And Jackson Hole

Key Takeaways

• Stocks Looking To Snap Three Week Losing Streak
• Nvidia Reports Earnings On Wednesday
• Annual Jackson Hole Meeting This Week

It was another tough week for equites. The S&P 500 dropped 2.1% while the Nasdaq Composite shed nearly 2.6%. That puts the S&P down nearly 5%, while the Nasdaq Composite is off nearly 7.5% for the month of August. Bonds have also been hit with interest rates on the benchmark 10 year ticking higher to close last week just shy of 4.25%.