"Nvidia Earnings Report Sparks Stock Market Retreat"

US stocks slipped as investors awaited Nvidia's earnings and Federal Reserve minutes. Nvidia's results are highly anticipated, with expectations for potential impact on the AI trade and broader stock market. Additionally, Amazon will replace Walgreens in the Dow Jones index, and the Consumer Analyst Group of New York conference is discussing volume recovery, M&A potential, and deflation concerns in the consumer industry. Palo Alto Networks faced a significant stock drop after announcing a new pricing strategy and softness in demand.