The S&P 500 Index ($SPX) (SPY) Wednesday closed up +0.01%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.43%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.22%. March E-mini S&P futures (ESH25) are up +0.09%, and March E-mini Nasdaq futures (NQH25) are up +0.31%.
Stock indexes on Wednesday posted modest gains ahead of quarterly earnings results from Nvidia. Positive corporate news boosted the overall market as Axon Enterprise closed up more than +15% after reporting better-than-expected Q4 net sales and forecasting full-year revenue above consensus. Also, Super Micro Computer closed up more than +12% after it filed its 10-K for the period ending June 30 to meet a deadline for submitting outstanding financial reports to regain compliance and stay listed on the Nasdaq exchange. In addition, Intuit rose more than +12% after reporting stronger-than-expected Q2 net revenue.
