Stock indexes rose modestly ahead of Nvidia's earnings, with some individual stocks seeing significant gains

From Nasdaq: 2025-02-26 21:41:13

Stock indexes closed with modest gains ahead of Nvidia’s earnings. Axon Enterprise and Super Micro Computer saw significant increases after positive corporate news. Intuit also rose after reporting strong Q2 revenue. House Republicans passed a budget blueprint for tax cuts, impacting mortgage rates and copper prices. T-notes rallied on Wednesday amid mixed global market movements. Chip stocks rebounded, with Broadcom, Micron Technology, and Nvidia leading gains. Health insurance stocks faced pressure due to Medicare Advantage oversight concerns. General Motors and Freeport-McMoRan saw gains, while Grocery Outlet plummeted after a disappointing forecast. Keysight Technologies and AppLovin were among the top losers in the market. Earnings reports are expected from various companies on 2/27/2025.



Read more at Nasdaq: Stocks Post Modest Gains Ahead of Nvidia’s Earnings