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Dow slips after inflation data as Nvidia falls before earnings
Nvidia was set to report next, while Zoom plunged after its quarterly results and guidance disappointed investors, according to the live market coverage.
Major US stock indexes were modestly mixed on Wednesday, with the Dow easing after inflation data, in a session driven by upcoming company earnings and shifting expectations around the macro backdrop, according to Yahoo Finance live coverage.
The coverage highlighted weakness ahead of results in Nvidia, alongside a sharp drop in Zoom after the company’s Q2 earnings and guidance failed to meet expectations, setting up more volatility as investors weigh near-term profit outlooks.
Interactive Brokers also featured in the rundown, with the stock popping to a new high and leading a list of notable market movers into the close, while other parts of the market remained choppy.
The report framed the trading as an environment where index moves were restrained but stock-specific reactions to earnings and guidance were the main catalyst for directional swings.
Latest closeDow Jones 53,732.41 ▼0.2%