US stocks open lower ahead of Fed minutes and Nvidia earnings

The major US stock indices are opening lower with the NASDAQ index leading the way. The market awaits the Fed minutes at 2 PM ET followed by probably the most important release for the week, Nvidia earnings after the close. Shares of Nvidia are currently down -1.5% (they were down over 2.5% just a minute ago).Amazon shares are up $2.60 or 1.5% after replacing Walgreens and the Dow 30.A snapshot of the market currently shows:Dow Industrial Average -153 points or -0.40% at 38408.61S&P index -14 points or -0.28% at 4962NASDAQ index -66.15 points or -0.45% at 1559.50The small-cap Russell 2000 is down -10.66 points or -0.53% at 1993.47.Some of the large-cap favor stocks are showing mixed results:Adobe -0.80%Amazon +1.33%Nvidia -1.10%Super Microcomputers -4.01%Meta--1.64%Apple +0.48%Alphabet unchangedCrowd Strike -10.88%Intel -1.30%AMD -1.04%Arm Holdings -1.77%Tesla +1.26%Palo Alto networks which reported after the close yesterday and announced disappointing for guidance is down a whopping 24.88% This article was written by Greg Michalowski at www.forexlive.com.

Feb 21, 2024 - 20:50
0
US stocks open lower ahead of Fed minutes and Nvidia earnings

The major US stock indices are opening lower with the NASDAQ index leading the way. The market awaits the Fed minutes at 2 PM ET followed by probably the most important release for the week, Nvidia earnings after the close. Shares of Nvidia are currently down -1.5% (they were down over 2.5% just a minute ago).

Amazon shares are up $2.60 or 1.5% after replacing Walgreens and the Dow 30.

A snapshot of the market currently shows:

  • Dow Industrial Average -153 points or -0.40% at 38408.61
  • S&P index -14 points or -0.28% at 4962
  • NASDAQ index -66.15 points or -0.45% at 1559.50

The small-cap Russell 2000 is down -10.66 points or -0.53% at 1993.47.

Some of the large-cap favor stocks are showing mixed results:

  • Adobe -0.80%
  • Amazon +1.33%
  • Nvidia -1.10%
  • Super Microcomputers -4.01%
  • Meta--1.64%
  • Apple +0.48%
  • Alphabet unchanged
  • Crowd Strike -10.88%
  • Intel -1.30%
  • AMD -1.04%
  • Arm Holdings -1.77%
  • Tesla +1.26%

Palo Alto networks which reported after the close yesterday and announced disappointing for guidance is down a whopping 24.88% This article was written by Greg Michalowski at www.forexlive.com.

Read More