Markets hold steady ahead of inflation data as Nvidia earnings loom

Stock futures hover near flat ahead of the July PCE inflation print and Nvidia's Q2 results, after a session where the S&P 500 rose about 0.3%, the Nasdaq climbed 0.7%, and the Dow gained 0.3% on softer yields and lower oil. The inflation report is expected to show a 0.1% monthly rise and a 3.6% yearly increase, keeping Fed policy in focus ahead of Fed Chair Powell’s or Warsh’s remarks at Jackson Hole later in the week. Nvidia’s earnings after the bell are closely watched given its weight in the S&P 500, and broader markets remain affected by movements in oil and Treasuries.