US stocks were mixed at the market’s close, as investors hunkered down ahead of earnings — and outlook on the much-hyped artificial intelligence sector — from chipmaker Nvidia.
Wall Street’s S&P 500 finished less than 0.1 per cent higher, with the index staging a late rally to recover from losses earlier in the session. The technology-dominated Nasdaq Composite shed 0.1 per cent.
Nvidia finished the session 0.8 per cent lower, having chalked up its biggest daily jump in two months on Tuesday.
Among other stock moves, retailer Target closed 21.4 per cent lower, its biggest one-day drop since 2022 after reporting disappointing results.
In government bond markets, the yield on the 10-year note climbed 0.03 percentage points to 4.41 per cent. The yield on the two-year Treasury rose 0.05 percentage points to 4.2 per cent.