Stock Market Today: S&P 500, Nasdaq in record close ahead of Nvidia earnings

Investing.com-- The S&P 500 and Nasdaq closed at record highs Tuesday as the intraday dip in tech was bought ahead of eagerly awaited earnings from AI-darling Nvidia due Wednesday.Tech climbed after struggling for direction earlier in the day as investors continue to weigh quarterly earnings ahead of Nvidia's results due Wednesday.

"n the absence of a significant weakening in the labor market, I need to see several more months of good inflation data before I would be comfortable supporting an easing in the stance of monetary policy," Waller said Tuesday.Macy's stock 5% after the department store chain lifted its adjusted earnings per share forecast for the full year, as its turnaround plan unveiled in February started to bear fruit.

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