News Formal

Stock market today: US futures slip as wait for Nvidia earnings nears its end

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 24 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Nvidia News

Federal Reserve,Earnings

Stocks face two big tests in Nvidia's pivotal earnings report and minutes from the Federal Reserve's last meeting.

US stocks slipped away from record highs on Wednesday as investors waited for AI bellwether Nvidia's pivotal earnings and for more clues to the Federal Reserve's thinking on interest-rate cuts. S&P 500 futures edged down roughly 0.1%, coming off a fresh record close. Dow Jones Industrial Average futures also shed 0.1%, while contracts on the tech-heavy Nasdaq 100 hugged the flatline.

It all adds up to a big test for the broader market as a whole. Investors get a second reality check ahead, in minutes from the Fed's last meeting. Eyes are on any deviation from policymakers' repeated message that they want to be more confident of a cooldown in inflation before starting to cut rates. But some nerves were rattled ahead of the release later Wednesday by UK inflation data suggesting price pressures elsewhere are proving hard to dampen.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Stocks steady as investors await Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US stocks hold near record highs with Nvidia front of mindInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq, S&P pop to records as Wall Street waits for Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq slips after record as investors await Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Premarket: Stocks slip on inflation jitters, offsetting Nvidia hopesMarket also waiting for possible clues in U.S. Federal Reserve meeting minutes on when it will begin to bring down interest rates
Source: globeandmail - 🏆 5. / 92 Read more »

Earnings from AI-heavyweight Nvidia to test U.S. stocks’ record runIts growing weighting in indexes and exchange-traded funds has given its share price moves an outsized influence
Source: globeandmail - 🏆 5. / 92 Read more »