*

Wall Street indexes finish slightly lower

*

Nvidia's ( NVDA ) results beat analyst estimates

*

Dollar rebounds

*

Gold prices slip

*

Crude oil drops

(Updates with prices throughout with U.S. markets close, adds

Nvidia ( NVDA ) earnings and oil settlement, and new quote)

By Chibuike Oguh and Lawrence White

NEW YORK/LONDON, Aug 28 (Reuters) - Global equity

markets eased while the U.S. dollar rebounded on Wednesday, and

then chipmaker Nvidia's ( NVDA ) better-than-expected results failed to

impress some investors and the company's stock fell 3% in

extended trading.

Wall Street's main indexes finished lower, the Dow Jones

Industrial Average fell 0.39% to 41,091.42, the S&P 500

lost 0.60% to 5,592.18 and the Nasdaq Composite

lost 1.12% to 17,556.03.

Europe's benchmark STOXX index climbed 0.33% while

Japanese stocks closed 0.22% higher. MSCI's gauge of all

stocks across the globe was 0.42% lower at

827.32.

Nvidia's ( NVDA ) third-quarter revenue forecast of

$32.5 billion surpassed Wall Street estimates after markets

closed. The report still failed to impress the most bullish

investors who have driven a dizzying rally in its shares as they

bet billions on the future of generative artificial

intelligence. Shares of the Santa Clara, California-based

company fell 3% in extended trading.

Nvidia's ( NVDA ) stock price is up some 3,000% since 2019 and with a

market capitalisation of $3 trillion, a move in its share price

affects the broader market. It finished down 2% at $125.61

during regular hours trading.

"They beat the average estimates because they came in around

$32 billion and average estimates were $31 billion but some

people on the street have them up at like $37 billion revenue

estimates," said Michael Ashley Schulman, chief investment

officer at Running Point Capital in Los Angeles.

"I think you're seeing some disappointment on some bets but

not really disappointment on the company."

A preliminary estimate of second quarter U.S. gross domestic

product is due on Thursday. The Fed's preferred inflation

measure - the core personal consumption expenditures (PCE) index

- will be released on Friday.

Markets, which are fully priced for a 25 basis point U.S.

interest rate cut next month, see just over 100 basis points of

easing by the end of the year.

The yield on benchmark U.S. 10-year Treasury notes

, which moves inversely to the price, rose 0.8 basis

points to 3.841%.

"The good news is all pretty much priced in whether that be

[Federal Reserve Chair Jerome] Powell's promise more or less to

cut rates in September and the fact that we're now pricing a

soft landing again," said David Spika, chief markets strategist

at Turtle Creek Wealth Advisors in Dallas.

"The economic data has been supportive of the fact that the

economy is not falling apart."

After a recent run of declines, the dollar was advancing.

The dollar index, which measures the greenback against a

basket of currencies including the yen and the euro, gained 0.5%

at 101.10, with the euro down 0.63% at $1.1114.

Gold prices were hurt by the stronger U.S. dollar with spot

gold lost 0.68% to $2,507.50 an ounceand U.S. gold

futures settled 0.6% lower at $2,537.80.

Oil prices fell on concerns about Chinese demand and risks

of a broader slowdown. Brent crude futures settled down

1.13% at $78.65 a barrel. U.S. West Texas Intermediate crude

futures fell 1.34% to $74.52.