Big Tech Whipsaws after Nvidia Results – US Market Wrap

As traders considered Nvidia’s earnings in the late hours of the day, the biggest technology shares in the world shook.

Following the end of regular trading, there was volatility in a $330 billion exchange-traded fund that tracked the Nasdaq 100 (QQQ). Though the shares failed to hold gains, the massive chipmaker, which is considered a barometer for AI, provided a bullish revenue forecast for the current quarter.

Stocks churned ahead of Nvidia’s results as traders processed President Trump’s barrage of trade policy statements. Bonds rose following a strong $44 billion auction of seven-year notes.

The S&P 500 remained relatively unchanged. The Nasdaq 100 gained 0.2%.
The Dow Jones Industrial Average fell 0.4%.
The yield on 10-year Treasuries fell four basis points to 4.25%. The dollar gained 0.1%.