"Tech Jitters and Fed Minutes: Stock Market Ends Slightly Up Ahead of Nvidia Report"

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Source: Barron's
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Stocks rallied in the final hour of the session, with the Dow Jones Industrial Average and S&P 500 rising, while the Nasdaq Composite rebounded from earlier losses. The 10-year Treasury yield inched up, and the S&P 500 staged its largest intraday comeback since October 2023. The Federal Open Market Committee's minutes didn't contain major surprises, with indications that interest rates may not need to go higher, but there was less consensus about when to cut them. Nvidia's stock fell ahead of its earnings report, raising concerns about potential ripple effects for tech stock peers.

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