Stocks Slip Ahead of Nvidia Earnings as Bond Yields Rise
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6 Articles
(New York = Yonhap News) Correspondent Lim Soo-jung = The New York stock market closed slightly lower on the 26th (local time) ahead of the earnings announcement by Nvidia, a leading AI stock.
The Dow Jones fell 0.21%, while the Nasdaq (-0.08%) and the broader S&P 500 (-0.02%) closed near breakeven. "The market adopted a cautious stance ahead of Nvidia's after-hours earnings release," Peter Cardillo of Spartan Capital Securities told AFP. The quarterly performance of the chip giant and world's largest company by market capitalization is being closely watched, as concerns persist about its massive spending on developing artificial int…
New data on inflation and economic growth hardly move stock market prices. Investors are eagerly looking at the balance sheet of AI heavyweight Nvidia, which follows in the evening.
US stocks showed limited change after inflation data came in slightly higher than expected. Nvidia's earnings report will be the focus of the market and will signal the robustness of the AI rally. Wall Street's main indices ended Wednesday largely unchanged or slightly lower. The S&P 500 closed at 7,675.7, down a small 0.02%. The Dow Jones fell to 53,464, while the Nasdaq Composite dropped to 26,130. With the inflation data, the market will clos…
Dow Dips 114, Nasdaq Falls 21, S&P 500 Slips 2
NEW YORK (AP) — The U.S. stock market drifted through a quiet day of trading Wednesday after a report said inflation was a touch worse last month than economists expected. Yields in the bond market, home to some of Wall Street’s biggest recent worries, edged higher following the data. The S&P 500 edged down by less than 0.1% and remains near its all-time high set earlier this month. The Dow Jones Industrial Average dipped 113 points, or 0.2%, an…
Stocks Slip Ahead of Nvidia Earnings as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) is down by -0.02% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.10%. E-mini S&P futures (ESU26 ) are down -0.03%, and September E-mini...
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