Stocks Waver, Treasuries Dip Ahead of Nvidia Earnings, PCE Data | Bloomberg Brief 08/26/2026

US equity futures are wavering and Treasuries are declining as investors await quarterly results from Nvidia and July's PCE data, the Federal Reserve's preferred inflation gauge. Simultaneously, the Trump administration is considering further trade measures against Canada following Prime Minister Mark Carney's announcement of dollar-for-dollar retaliation to new US tariffs. Market analysts, including Matt Maley of Miller Tabak, are closely monitoring the upcoming inflation data and Nvidia earnings as critical tests for the market.