Tech stocks rally, yields drop, ahead of Nvidia earnings: Stock market news today

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Stocks were higher on Wednesday afternoon with investors bracing for results from Nvidia after the bell.

Behind every successful man, there's a woman and these ladies prove this to be true everydayAnalysis-Little relief for indebted Canadian homeowners as mortgage rates seen higher for longer

Highly indebted Canadians hoping for relief from a rapid rise in mortgage rates are in for some disappointment, as recent moves in the bond market point to interest rates staying at elevated levels for longer than previously expected due to stubborn inflation. The yield on Canada's 5-year bond climbed on Tuesday to a 16-year high of 4.17%, up from 2.66% in March, as investors gave up on the notion that the Bank of Canada and other major central banks will pivot quickly to rate cuts.

 

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Stocks open higher ahead of Nvidia earnings: Stock market news todayStocks opened higher on Wednesday morning with investors bracing for results from Nvidia after the bell.
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Canada's main stock index posts small loss Monday, U.S. stocks mixed amid tech gainsCanada's main stock index posted a small loss Monday amid broad-based weakness, while U.S. markets were mixed as the tech-focused Nasdaq gained almost 1.6 per cent.
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Nvidia stock rises in pre-market ahead of highly anticipated quarterly resultsNvidia stock was higher early Wednesday ahead of the company's highly-anticipated earnings report after the bell.
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Stock futures higher as 10-year yield backs off 16-year high: Stock market news todayStocks were pointing to gains at the open after a tech rally on Monday reversed some of the lackadaisical trading we've seen so far in August.
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