Nvidia Earnings and Inflation Data Keep Markets on Edge
The Dow Jones Industrial Average remained steady on Wednesday, rising just 15.42 points to 53,592.82 as investors digested a fresh inflation reading and braced for Nvidia's highly anticipated earnings report.
Nvidia's quarterly earnings have increasingly become a closely watched market event, functioning as a real-time gauge of investor confidence in the durability of the broader AI infrastructure buildout.
The company's shares rose 2% ahead of Wednesday's results, snapping a seven-day losing streak that had weighed on the broader technology sector.