Tech stocks rose, and the S&P 500 index climbed ahead of Nvidia's earnings report
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According to Jinshi, the U.S. stock market rose on Wednesday, with Nvidia, the highest-weighted stock in the S&P 500 index, climbing ahead of its after-hours earnings report. Among the 11 sectors of the S&P 500 index, 5 sectors saw gains, led by technology, communication, and financial stocks.
Miller Tabak Chief Market Strategist Matthew Maley stated that the next notable move in the U.S. stock market will be determined by Nvidia's earnings report and guidance tonight.
-- Price
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