Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS

Share on StockTwits

US Stocks Mixed as Investors Await Fed Minutes and Nvidia's Earnings

Today's markets analysis on behalf of Joseph Dahrieh, Managing Principal at Tickmill


May 21, 2024 ( Newswire) The US stock market opened with mixed performances today, following a session in which the Nasdaq 100 and other indices reached an all-time high, buoyed by the broader market's optimism about potential rate cuts. However, markets continue to monitor Federal Reserve officials' comments who continue to take a cautious stance toward monetary policy and inflation. Tomorrow's release of Federal Reserve minutes could also affect investors' expectations and the market direction. Market focus is also directed towards tomorrow's earnings results from Nvidia as investors continue to see AI as a stronger driver of growth for the economy and the stock market as a whole. Other earnings releases have affected the market as well. Shares of Lowe's declined after the home improvement retailer reported weaker margins for its first-quarter earnings report. Palo Alto Networks saw a decline as well after the cybersecurity company issued guidance that only met consensus forecasts, despite surpassing expectations for both revenue and earnings in the fiscal third quarter.

More Info: Newswire

This news is published on the Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire

Global investors must adhere to regulations of each country. Please read privacy policy:

That's all it takes to get an article published on Investor Ideas - Learn More