Federal Reserve Projections, Corporate Moves Signal Economic Shifts

The Fed holds rates steady while revising forecasts, Nvidia plans massive U.S. investment, and key earnings reports loom as markets react to economic data.

The Federal Reserve maintained interest rates but raised inflation forecasts and trimmed GDP projections, influencing market sentiment.
Nvidia announced plans to invest 'several hundred billion' dollars in U.S. manufacturing over the next four years, responding to trade policy impacts.
Nike is expected to report declining revenue and earnings later today, with investors focused on its turnaround strategy under new leadership.
Boeing shares surged nearly 7% after securing a major order from Japan Airlines and the CFO made optimistic comments on tariffs.
Labor market data revealed rising jobless claims, while the Philadelphia Fed index dropped, signaling potential economic challenges.