Nvidia Rises, Wall Street Pauses As Oil Prices Jump To $65: What's Moving Markets Monday?

Benzinga
2025.08.25 17:58
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Nvidia Corp. (NASDAQ:NVDA) rose 2% in midday trading, nearing its all-time high ahead of its earnings release. The broader market paused after a recent rally, with oil prices climbing above $65 a barrel, raising inflation concerns. Geopolitical tensions increased, particularly regarding the Ukraine war and recent strikes in Gaza. The U.S. dollar gained slightly, while Treasury yields rose. In crypto, Bitcoin fell 0.9%, continuing a downward trend. Major U.S. indices showed mixed performance, with the Nasdaq up slightly and the S&P 500 down 0.1%.

Nvidia Corp. NVDA is up 2% in midday trading Monday, moving within striking distance of its all-time high—now less than 2 percentage points away—as investors remain upbeat ahead of the company's highly anticipated earnings release this week.

The enthusiasm around Nvidia comes even as the broader market takes a modest step back following Friday's Fed-fueled rally.

Investors are pausing to reassess after a sharp move higher, spurred by dovish comments from Federal Reserve Chair Jerome Powell that rekindled hopes for a September rate cut.

Energy prices are also drawing attention. Crude oil jumped 2% to above $65 a barrel, marking its fourth straight day of gains and raising new inflation concerns just as markets start to price in looser financial conditions.

Geopolitical risks are back in focus. Hopes for a diplomatic breakthrough in the Ukraine war dimmed further as the odds of a Putin-Zelenskyy meeting faded, while Israel launched a strike on a Gaza hospital targeting a Hamas surveillance camera on the building’s roof, reportedly killing five journalists, according to AP News.

The U.S. dollar bounced slightly, rising 0.5% after sliding 0.9% on Friday. Meanwhile, Treasury yields ticked higher, with the 10-year yield up 2 basis points to 4.28%, reflecting a cautious tone in fixed income.

In crypto markets, the weekend selloff extended into Monday. Bitcoin BTC/USD fell 0.9% to $112,500, on pace for its third consecutive daily decline. Losses were steeper elsewhere: Dogecoin DOGE/USD dropped 6.2%, Ethereum ETH/USD slid 4.5%, and Solana SOL/USD declined 5.1%, all almost erasing Friday’s gains.

Monday’s Performance In Major US Indices, ETFs

According to Benzinga Pro data:

  • The Vanguard S&P 500 ETF VOO eased 0.1% to $592.56.
  • The SPDR Dow Jones Industrial Average DIA slipped 0.6% to $454.13.
  • The tech-heavy Invesco QQQ Trust Series QQQ was unchanged at $5724.4.
  • The iShares Russell 2000 ETF IWM dropped 0.6% to $233.48.
  • The Communication Services Select Sector SPDR Fund XLC outperformed, up 0.4%; the Consumer Staples Select Sector SPDR Fund XLP lagged, down 1.2%.

S&P 500’s Top Movers Of The Day

  • Nvidia’s Monster Rally Meets Its September Curse

Image created using artificial intelligence via Midjourney.

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