Reported 5 months ago
US stocks fell from record highs as investors awaited Nvidia's pivotal earnings and digested minutes from the Federal Reserve's May meeting showing some officials were willing to raise rates if needed. The S&P 500, Nasdaq Composite, and Dow Jones all dropped, with Nvidia reporting strong first-quarter earnings and announcing a stock split, and Fed officials expressing readiness to tighten policy if inflation risks materialize. Nvidia's guidance showed expectations for significant revenue growth, contributing to market anticipation. Other trending tickers included Target, Lululemon, Barnes & Noble, and Moderna.
Source: YAHOO