The Week Ahead: GDP Update, Nvidia Earnings to Stir the Pot

Economic Data and Earnings Reports - Investors are anticipating significant economic data and earnings reports as August concludes, with a focus on companies such as Abercrombie & Fitch, Alibaba, and NVIDIA among others [1] - The week will feature key economic indicators including new home sales, durable goods orders, consumer confidence, jobless claims, pending home sales, GDP updates, and personal income and spending [2][3] Schedule of Key Market Events - The week begins on August 25 with new home sales data, followed by durable goods orders and consumer confidence data on August 26 [2] - August 27 is expected to be quieter with no notable economic data scheduled [3] - On August 28, initial and continuing jobless claims, pending home sales, and GDP updates will be released, leading into a busy August 29 with Core PCE, personal income and spending, and retail and wholesale inventories data [3]