Stocks jumped out of the gate Wednesday and never looked back as optimism built ahead of this evening's earnings report from major chipmaker and artificial intelligence (AI) giant Nvidia (NVDA). Before this major event, market participants took in another batch of mixed retail earnings and some disappointing economic data.
Retailers continued to dominate earnings headlines ahead of tonight's results from Nvidia. Foot Locker (FL), for one, saw its share price slide 28.3% after the athletic footwear retailer unveiled its second-quarter results.
