It was a slow start for stocks Tuesday as investors took in a historic move by Japan's central bank and looked ahead to tomorrow's policy announcement from the Federal Reserve. However, a midday reversal from mega-cap chipmaker Nvidia (NVDA) helped boost sentiment into the close.
It's a busy week for global central bank headlines. While tomorrow's statement from the Fed is arguably the most important event on the economic calendar, an overnight decision from the Bank of Japan did not go unnoticed.
