Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US stocks subdued as Nvidia results, inflation take center stage

Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Core PCE inflation takes centre stage

The Personal Consumption Expenditures report, the Federal Reserve’s preferred inflation gauge, is due alongside a second estimate of US economic growth. Economists polled by Reuters expect core PCE inflation to have risen 3.3% year-on-year in July. The reading could influence expectations for monetary policy as markets approach September, traditionally a weaker month for equities.