The S&P 500 (SPX) hit new record-highs on Thursday before selling pressures brought it back into negative territory for the week. Nvidia (NVDA) earnings weighed on the overall market performance, as shares of the Mag 7 chipmaker fell more than 2% this week. Elsewhere in the Mag 7, Alphabet (GOOGL) rose to a record high. And, the Fed's preferred inflation gauge - Core PCE Index - showed a small uptick heading into the month of September. Marley Kayden recaps this week's trading action on The Wrap.