Wall Street Closes Mixed as Traders Brace for Nvidia Earnings Amid Rate-Cut Uncertainty

U.S. markets ended the last session with a mixed performance as traders shifted focus to Nvidia’s upcoming earnings, which are expected to heavily influence tech-sector sentiment. The Nasdaq recorded a modest gain while the Dow Jones declined by more than 300 points, reflecting broader caution across cyclical and industrial stocks. Investors remained wary as delays in expected Federal Reserve rate cuts continued to pressure valuation-sensitive sectors. Market analysts noted increased hedging activity, suggesting that participants are preparing for potential volatility depending on Nvidia’s forward guidance and macroeconomic commentary.