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Barchart
Barchart
Rich Asplund

Stocks Slip Ahead of Nvidia Earnings as Bond Yields Rise

The S&P 500 Index ($SPX) (SPY) is down by -0.02% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.10%. E-mini S&P futures (ESU26) are down -0.03%, and September E-mini Nasdaq futures (NQU26) are down -0.10%.

Stock indices gave up an early advance and turned slightly lower today ahead of Nvidia’s earnings results after the close. Today’s US economic news was mixed for stocks. July capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose less than expected, but July personal spending and personal income rose more than expected.

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