Nvidia earnings, jobs data, and Fed minutes on tap in a packed week for markets

The stock market is kicking off a busy week of earnings and long-awaited economic data.

Investors are taking in a slew of important data points as they try to recover from another week of volatile trading. All three major indexes ended last week in the red, with the Nasdaq Composite sliding nearly 2% as traders took profits in tech stocks and continued to fret over the sustainability of the AI trade.

“This is an important week for markets, which have been volatile as of late due to reduced rate cut expectations for December and worries that AI spending is out of control and may outrun potential profits,” Dennis Follmer, the CIO of Montis Financial, wrote in a note, adding that some of the week’s coming events could spike volatility among traders.

Here’s what markets will be reacting to this week.

Nvidia earnings

Nvidia’s third-quarter earnings will likely be the Super Bowl event for the week.

The world’s most valuable company will report third-quarter results after the closing bell on Wednesday. Analysts expect the chip giant to…