From Investing.com: 2024-06-26 13:47:36

U.S. stocks wavered as Nvidia’s decline limited tech sector gains ahead of key inflation data. DOW rose 36 points, S&P 500 dropped 0.1%, and Nasdaq gained 0.20%.

Nvidia’s stock fell over 1% after a 7% gain, driven by AI optimism. Inflation data release on Friday will impact Fed’s rate cut decisions.

FedEx stock surged 14% on strong outlook, while Southwest Airlines and General Mills slipped due to lowered guidance. Energy stocks fell as oil prices dropped on US crude stockpile increase.



Read more at Investing.com: S&P 500 wavers as Nvidia gives up gains By Investing.com