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.
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 »
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 »
Will Nvidia earnings impress hard-to-please tech investors?All eyes are on Nvidia as earnings are set to be reported on Wednesday, May 22, after the closing bell. Spear Invest Founder and CIO Ivana Deleveska joins...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Investors await Nvidia earnings, commodities on the rise: Morning BriefOn today's episode of The Morning Brief, Yahoo Finance Hosts Seana Smith and Brad Smith break down some of the market's (^DJI, ^IXIC, ^GSPC) biggest stories ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Nvidia: Why investors shouldn't worry if earnings are weakAs Nvidia (NVDA) is set to report earnings on Wednesday after the closing bell, veteran market strategist and founder of RandyFrederickMedia.com Randy...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »