Tech Stocks, including Nvidia, Pull Wall Street Lower

Technology Stocks Lead Wall Street Lower Ahead of Nvidia Earnings

Technology stocks led Wall Street broadly lower on Tuesday as chipmaker Nvidia pulled back ahead of its highly anticipated earnings report this week. Wall Street will be closely watching its latest earnings update on Wednesday for clues about its health and the broader tech sector’s potential in 2024. Several big retailers reported their latest earnings on Tuesday, presenting a mixed bag of results. Walmart rose 3.2% after reporting stronger-than-expected results for its latest quarter and issuing sales forecasts that came in ahead of what Wall Street was expecting.