Nvidia earnings, Snowflake, Kohl's reports: 3 things to watch By

-- Stocks gave back some of their gains on Ali IndexTuesday amid a steady stream of retail earnings as investors await Friday's speech by Federal Reserve Chairman Jerome Powell.

While the market to pause on another interest rate hike when its policymakers meet in September, there are concerns the Fed still intends on another rate increase before the end of the year.

Better-than-expected inflation numbers indicating that prices are cooling have given some the view that the end of rate hikes is now. But some Fed officials have said they still need to get inflation down to their 2% target, and that rates would have to stay higher until that is accomplished.

Macy's (NYSE:) offered a cautious outlook for the full year, with same-store sales expected to drop despite the holiday season that is quickly approaching. More department stores, including Kohl's and Nordstrom (NYSE:) are due to report later this week.

Here are three things that could affect markets tomorrow:

1. Nvidia earnings

Chip maker NVIDIA Corporation (NASDAQ:) is expected to report earnings per share of $2.07 on revenue of $11.1 billion, but analysts will be listening to any updates it can give on its artificial intelligence business.

2. Snowflake reports

Snowflake Inc (NYSE:) is expected to report earnings per share of 10 cents on revenue of $662.2 million.

3. Kohl's earnings

Department store Kohl’s Corp (NYSE:) is expected to report earnings per share of 24 cents on revenue of $3.74B, while Bath & Body Works (NYSE:) is expected to report earnings per share of 33 cents on revenue of $1.56B.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!