Stock Market Slips as Traders Await Nvidia Results and Fed Speakers

Nasdaq 100 futures slipped 0.2% after major averages incurred back-to-back losses, driven by Nvidia's decline, while Palo Alto Networks and SolarEdge Technologies also saw drops in after-hours trading. Concerns over Nvidia's high valuation and the broader tech sector's overvaluation led to Tuesday's sell-off, with investors possibly reevaluating their asset allocation. Wall Street awaits the Federal Reserve's January meeting minutes for insight on interest rates, and companies like HSBC, Wingstop, and Analog Devices are set to announce their quarterly results. Additionally, Amazon is set to join the Dow Jones Industrial Average next week.