US Stocks Rise, Focus on Nvidia

US stocks rise, focus on Nvidia

US stock markets rose on Wednesday as investors focused on prospects for Big Tech profitability, while European indices swung lower. Oil prices rose ahead of an OPEC+ meeting, and the dollar ticked up against major currencies. Investors were watching carefully to see how US chipmaker Nvidia -- a bellwether for tech stocks -- was faring,

Stocks See Support Ahead of Nvidia’s Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.18%. June E-mini S&P futures (ESM25 ) are up +0.11%, and June E-mini Nasdaq futures...

Investors are focused on Nvidia's earnings today. The company will report its results this evening after the stock markets close.

Stocks eke out early gains

Markets headed higher with some positive first quarter performances from retailers and ahead of earnings from the chipmaker Nvidia.

We saw mostly minor movements and uncertain trading on European stock exchanges today, but the leading indices in America also went down - in this uncertain and sideways trend, however, the Hungarian market performed particularly well, and we saw an increase from BUX, primarily thanks to OTP. In terms of market-moving events, Nvidia's flash report arriving this evening could be exciting, which usually brings big movements due to the company's si…

The S&P 500 and Orkan-related indexes both rose sharply in the US on the 27th. This was due to improved economic indicators and a sharp rise in technology stocks. Nvidia rose more than 3% ahead of today's earnings announcement, and Tesla rose 6% following news of CEO Elon Musk's focus on management.