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Stock market today: Asian shares mostly slip despite Nvidia's solid earnings report

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Asian shares have mostly fallen after a mixed close on Wall Street, with regional markets shrugging off a strong profit report from Nvidia that was released after U.S. markets closed.

Jacksonville leaders say affordable Housing remains a ‘real crisis’ in cityMake household chores easier and more with these Insider DealsGive your favorite hiker an audio upgrade they can bring on the trailsA woman walks by a monitor showing Japan's foreign exchange rate against the U.S. dollar at a securities firm in Tokyo, Thursday, Nov. 21, 2024.

Travelers walk by monitors showing Japan's Nikkei 225 index at a securities firm in Tokyo, Thursday, Nov. 21, 2024. Australia's S&P/ASX 200 slipped nearly 0.2% to 8,313.50. South Korea's Kospi rose nearly 0.5% to 2,493.91. Hong Kong's Hang Seng dipped 0.2% to 19,662.49, while the Shanghai Composite lost 0.2% to 3,361.58.

Trading in the options market suggested Nvidia’s profit report was the most anticipated event left in 2024, more than even the Federal Reserve’s upcoming meeting on interest rates, according to Barclays Capital., with its stock nearly tripling for the year so far, that pressure has grown for it to show it can keep leapfrogging past analysts’ already high expectations.

“I find the Target and Walmart earnings very interesting because we typically see a waterfall type effect when the economy begins to struggle, with shoppers trading down from stores such as Target to Walmart,” said JJ Kinahan, CEO of IG North America.of USA, CNBC, MSNBC and other cable television networks into a standalone company that will have its own stock trading on the market.

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