NASDAQ Dips on Nvidia Fortunes



Investors sent the NASDAQ Composite lower on Wednesday as they waited for Nvidia’s quarterly earnings announcement.

The Dow Jones Industrials slipped 0.43 points to commence Wednesday at 41,250.07

The S&P 500 skidded 3.74 points to 5,623.06

The tech-heavy NASDAQ faded 53.29 points to 17,701.58.

Wall Street is keeping an eye on Nvidia to gauge the sustainability of the broader tech and AI trade. The semiconductor giant — slated to report after the close — has surged 159% in 2024, raising questions of how much

Prices for the 10-year Treasury inched higher, lowering yields to 3.83% from Tuesday’s 3.84%. Treasury prices and yields move in opposite directions.

Oil prices sank $1.20 at $74.33 U.S. a barrel.

Gold prices dropped $10.50 to $2,542.40.

NASDAQ Dips on Nvidia Fortunes