An earnings report from semiconductor giant and artificial intelligence bellwether Nvidia takes center stage for Wall Street in the coming week, as stocks hit a speed bump of worries over federal deficits driving up Treasury yields.

As this special report shows, financial innovation has transformed Wall Street. As in eras past, surging asset values have concealed cracks in the new financial order. Whatever dangers are lurking, Mr Trump’s presidency will make them more dangerous still. ■

The bond market has a sleepy reputation, but it can pack a punch when alarmed. And worries are now growing about tax cuts pushed by Washington and how they'll inflate the U.S. government's debt.

Newly sworn-in Social Security chief Frank Bisignano, who previously was a Wall Street executive, told staffers he had to Google the SSA job when it was offered to him.

Wall Street's "fear gauge" shot higher on Wednesday around the time of a closely watched Treasury auction pointing to weaker demand for longer-duration U.S. government debt. The Cboe Volatility Index,

Bond yields inched higher and Wall Street flipped from small gains to losses before the opening bell Thursday after rising U.S. debt sank markets on the previous day. Futures for the Dow Jones Industrial Average fell 0.5% in premarket trading, while futures for the S&P 500 and Nasdaq each slid 0.3%.

Wall Street, however, has calmed down. And it was not so panicked in the first place. During the recent turbulence, the VIX, a fear gauge, hit only its 24th-highest monthly level in the past 35 years. The index measures expected volatility for American stocks, based on the price investors pay for insurance.

Wall Street mostró signos de estabilización solo un día después de una venta masiva de bonos del Tesoro que sacudió los mercados de todo el mundo. Las acciones muestran ligeras fluctuaciones y los bonos repuntan desde los mínimos de la sesión.

US stock futures were at a standstill as Wall Street looked forward to wrapping up a week marked by growing doubts about the economy's health under Trump's trade and tax agendas.