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<html lang="en" class="story nytapp-vi-article nytapp-vi-story story nytapp-vi-article " data-nyt-compute-assignment="fallback" xmlns:og="http://opengraphprotocol.org/schema/" data-rh="lang,class"><head> <meta charset="utf-8"> <title>Investors Expect Nvidia’s Earnings to Move the S&P More Than Powell’s Speech - The New York Times</title> <meta data-rh="true" name="robots" content="noarchive, max-image-preview:large"><meta data-rh="true" name="description" content="When Nvidia, the chip producer, reports earnings next week, investors expect the S&P 500 to have a bigger reaction than when the Fed chair delivers a big speech on Friday."><meta data-rh="true" property="twitter:url" content="https://www.nytimes.com/2025/08/21/business/stocks-nvidia-federal-reserve.html"><meta data-rh="true" property="twitter:title" content="What Matters More to the Stock Market? The Fed or Nvidia?"><meta data-rh="true" property="twitter:description" content="When Nvidia, the chi...
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