Markets Dip as Investors Brace for Nvidia Earnings Report
TL;DR Summary
Major stock indexes, including the Dow Jones, traded lower as investors awaited Nvidia's earnings report and CEO Jensen Huang's comments. Nvidia shares, which had rallied 4.9% on Tuesday, fell 1.4% on Wednesday. Target's stock plunged 21% after missing earnings and sales estimates, while TJX and Williams-Sonoma saw gains. The 10-year Treasury yield rose to 4.43%, and oil prices increased. Key stocks to watch include Broadcom, Costco, Deckers Brands, and Tradeweb Markets, with several nearing buy points.
- Dow Jones Falls Ahead Of Nvidia Earnings, Jensen Huang; Target Plunges On Earnings Investor's Business Daily
- US Stock Gauges Pare Losses as Nvidia Drop Eases: Markets Wrap Yahoo Finance
- Stock Market News Today: Dow, Nasdaq Slip; Nvidia Earnings Loom — Live Updates The Wall Street Journal
- Dow Jones Today: Stocks Slide in Early Trading as Investors Await Nvidia Earnings; Bitcoin Hits Another Record High Investopedia
- TSX slips ahead of Nvidia's quarterly earnings Reuters
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