U.S. stocks rebound after stopping the decline, NVIDIA rises over 3% ahead of earnings report
According to Jinshi News, the U.S. stock market rose on Wednesday, ending the longest consecutive decline since August. The S&P 500 index rose over 1%, and the Nasdaq 100 index increased by 1.6%. As the most influential stock on Wall Street, Nvidia rose over 3%, but is still down more than 7% so far this month. Traders hope that Nvidia's earnings report can alleviate market concerns about AI spending. Tom Essaye, founder of Sevens Report Research, stated that Nvidia's earnings report is the most important market catalyst this week, and any disappointing results could exacerbate the recent selling pressure.
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