S&P 500 little changed as investors eye Nvidia earnings
U.S. stocks are largely flat as the muted performance across Wall Street inches into the third session of the week, with investors’ focus now firmly on Nvidia earnings, set for release after the close on Wednesday.
- Stocks opened lower on Wednesday following another muted session on Tuesday.
- Wall Street is cautious ahead of the highly awaited Nvidia earnings report.
The Dow Jones Industrial Average, the SP 500 and the Nasdaq Composite all saw a muted early session performance as stocks opened largely unchanged ahead of the highly awaited Nvidia earnings report.
Despite the slight downturn in the past two sessions, the SP 500 remains 2% up in the past month. The Dow Jones is tracking +2.9%, and the Nasdaq is eyeing a 2% uptick.
Investor sentiment has also flipped from uncertainty amid President Donald Trump’s move to fire Federal Reserve governor Lisa Cook.
Stocks unchanged ahead of Nvidia earnings
A bullish reaction to the company’s results, as anticipated, could see the broader tech sector rally.
The benchmark index and tech-heavy Nasdaq stormed to record highs in the second quarter before extending the upside amid a tech stock rally. The Dow also recently climbed to an all-time peak, driven by Fed chair Jerome Powell’s speech at Jackson Hole, before paring gains amid fresh market uncertainty as the interest-rate-hyped uptick faded.
NVDA shares traded higher premarket and are seeing some notable action ahead of the chip giant’s report. This outlook is helping AI-related stocks and cryptocurrencies higher and overall risk-asset markets too.
However, investors are aware of the potential for a hit on Nvidia’s bottom line as forecast in the last quarterly outlook, with Trump’s caps on chip sales to China on the agenda. Experts nonetheless say demand for the AI chips is there.
Stock markets are also constrained following Trump’s “firing” of Cook, a move the Fed governor has challenged and one that saw short-term U.S. Treasury yields slip. The 2-year Treasury yield dropped to lows seen in May on Tuesday and hovered around 3.65%. But long-term bonds jumped, with the 30-year yield rising to 4.95%.
Elsewhere, Bitcoin ( BTC ) traded around $111,367, having bounced off lows of $109,200.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tokenized US Treasuries: The New Benchmark for Institutional Yield in a Low-Interest-Rate World
- Tokenized U.S. Treasuries surged to $7.2B by mid-2025, driven by platforms like BlackRock’s BUIDL ($3B AUM) and Ondo Finance’s OUSG ($693M AUM). - They enable real-time settlement, 24/7 liquidity, and yield arbitrage, addressing inefficiencies in traditional markets with slow settlement and liquidity constraints. - Regulatory clarity (e.g., EU MiCA, U.S. Genius Act) and DeFi integration are democratizing access, reducing operational costs by 40% for institutions like BNY Mellon and Goldman Sachs. - Proje

3 Altcoins Smart Money Are Buying During Market Pullback

XRP at a Pivotal Breakout Threshold: Is $4 Within Reach?
- XRP faces a critical $3.08 breakout threshold, with technical indicators and institutional flows aligning for a potential surge toward $4. - SEC's August 2025 ruling unlocked $7.1B in institutional capital, driving $25M in XRP ETF inflows and whale accumulation of $60M+. - A successful $3.08 breakout could trigger a $3.66 retest and $4 target, while breakdown below $2.87 risks a slide to $2.60. - Whale activity and declining open interest signal shifting market dynamics from speculative trading to strate

Conflux Price Rally Gains Steam with $0.25 Resistance Battle Ahead

Trending news
MoreCrypto prices
More








