Wall Street Edges Higher as the Market Awaits Nvidia's Quarterly Report
1 day ago
Stocks are edging higher on Wall Street ahead of a highly anticipated earnings update from Nvidia. The S&P 500 rose 0.2% in midday trading Wednesday, while the Nasdaq composite rose 0.2%. The Dow Jones Industrial Average gained 104 points, or 0.2%. Investors see Nvidia’s quarterly report, coming after the bell, as a barometer for the strength of the boom in artificial intelligence because the company makes most of the chips that power the technology. Cracker Barrel climbed 8.3% after scrapping plans to change its logo following an uproar on social media that even drew a comment from President Trump. Global markets were mixed.