Reported about 17 hours ago
U.S. stocks fell on Wednesday as investors awaited Nvidia's (NVDA) earnings report, deemed critical for the artificial intelligence sector and market direction. The Dow dropped 0.2%, the S&P 500 fell 0.5%, and the Nasdaq slid 0.8%. This follows Target's significant stock drop of over 21% after cutting its full-year profit outlook. Traders anticipate Nvidia's post-earnings stock movement could be as much as 8%, amounting to a potential $300 billion shift in market value.
Source: YAHOO