Stocks fall for a third day as Wall Street braces for Nvidia's major earnings report: Live updates
Publishing timestamp: 2024-02-21 12:49:25
Summary
U.S. stocks ticked down for the third day in a row as traders await Nvidia's earnings report. Concerns about Nvidia's high valuation have grown, leading to a slide in the stock. Other companies like Palo Alto Networks, SolarEdge Technologies, and Teladoc also saw significant drops after releasing their earnings reports. Meanwhile, Garmin reported strong earnings and raised its dividend. The market is awaiting the Federal Reserve's meeting minutes for further insight on interest rates.
Sentiment: MIXED
Tickers: SEDG, META, IFF, WBA, FANG, ADI, .DJI, ETSY, GRMN, NVDA, HSBC, .IXIC, TDOC, @DJ.1, CZR, HSBA-GB, @ND.1, PANW, WING, TOL, .SPX, AMZN, @SP.1,
Keywords: palo alto networks inc, analog devices inc, s&p 500 fut (mar'23), solaredge technologies inc, dow jones fut (mar'23), etsy inc, nasdaq 100 fut (mar'23), nasdaq composite, markets, dow jones industrial average, wingstop inc, breaking news: markets, s&p 500 index, nvidia corp, business news, hsbc holdings plc,
Source: https://www.cnbc.com/2024/02/20/stock-market-today-live-updates.html