US Stocks Steady as Investors Await Nvidia Earnings and Fed Decisions

1 min read
Source: Bloomberg
US Stocks Steady as Investors Await Nvidia Earnings and Fed Decisions
Photo: Bloomberg
TL;DR Summary

US stocks experienced slight fluctuations ahead of Nvidia's quarterly earnings, which are highly anticipated due to Nvidia's significant influence on the AI-driven tech sector and the S&P 500. While some individual stocks like Kohl’s and MongoDB performed well, others like Abercrombie & Fitch and Krispy Kreme declined. The earnings season continues to show strong growth, with many companies beating expectations, and economic data indicates a slight drop in mortgage applications.

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