In February, Nvidia's “explosion” performance detonated global stock markets. The S&P 500 Index and Dow Jones Index repeatedly reached new highs, and the NASDAQ reached record highs.
As time enters March, there will still be many major events happening in the US stock market:
On March 5, the 2024 US presidential election will usher in “Super Tuesday” (Super Tuesday), which will be the biggest day of the primary election.
At that time, the US will have 16 states and an overseas territory holding bipartisan primaries. This will be the most intense day for Democratic and Republican presidential nominations.
On March 6-7, Federal Reserve Powell will testify before heavyweight committees in the House of Representatives and Senate.
On March 18-21, EST, Nvidia's annual AI conference GTC (GPU Technology Conference) 2024 will be held in the US. CEO Hwang In-hoon will give a speech at 4 a.m. on Tuesday, March 19
As one of Nvidia's most important publishing platforms every year, GTC has become a recognized “AI weather vane”. This year's GTC was also held offline for the first time after a lapse of 5 years. According to Nvidia, Hwang In-hoon will release the latest breakthrough results in the fields of accelerated computing, generative AI, and robotics.
At 2 a.m. on March 21, Beijing time, the Federal Reserve will announce the latest interest rate decision. Powell will then hold a monetary policy press conference.
In addition, a series of major economic data will also be revealed one after another, including non-agricultural data, CPI, PPI, PCE, etc.; in addition, starting March 10, North America will implement summer time, and the US trading hours and economic data will be released one hour earlier than winter time.
Editor/Somer