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Stock market today: Stocks steady as investors await Nvidia earnings

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Nasdaq Composite Notícia

Nvidia,Investors

Investors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.

US stocks were steady on Tuesday as investors await anticipated results from Nvidia , set for release after the bell on Wednesday. The tech-heavy Nasdaq Composite climbed back from earlier lows to hug the flatline after finishing Monday at a record high. The benchmark S&P 500 and Dow Jones Industrial Average each rose about 0.2%.

Lowe's sales dropped less than expected as cash-strapped Americans continued to spend on small repairs, while Macy's shares gained after the department store chain's earnings beat a low bar. AutoZone and Urban Outfitters are also on the docket. Investors are also listening closely to speeches from Federal Reserve officials as a dearth of economic releases starves the rate-cut debate of fuel.

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