“All eyes are on Nvidia,” said Katie Stockton, founder of Fairlead Strategies, a research firm that provides technical analysis of markets, in a note Monday. The levels to watch for Nvidia’s stock are its 50-day moving average of around $167 and “minor resistance near $184,” she said.

Powell spoke at the influential Jackson Hole Economic Symposium for likely the last time as Fed chairman. His term expires May 2026. The invitation-only gathering brings together global financial leaders to discuss, debate and plan for the world’s economic future.

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday at the Fed’s annual economic symposium in Jackson Hole, Wyoming.