Wall Street is poring over Nvidia's good but not blockbuster earnings and assessing an upward revision to GDP.

Wall Street is more focused on Nvidia than on threats to Fed independence. That may be a big mistake.

Nvidia's earnings report delivered Wall Street a real shocker: They didn't move the stock market on Thursday. The S&P 500 was up 0.2%. The Nasdaq Composite was up 0.4%. The Dow Jones Industrial Average was down 20 points.

For all the handwringing about Nvidia Corp.’s sky-high market value pushing the stock into bubble territory, its revenue growth keeps investors buying.

Fed's Lisa Cook has asked for a temporary restraining order against Trump

Investing.com-- S&P 500 fell Friday, pressured by an Nvidia-led stumble in tech, but wrapped up August with its fourth-straight monthly win. At 4:00 p.m. ET (20:00 GMT), the Dow J