Nvidia's Q2 earnings are on deck. Here's what to watch.

Good morning. Stocks began the trading day Tuesday with a hesitant approach as investors considered recent inflation data and the earnings report from AI leader Nvidia (NVDA). Oil prices remained on the decline, providing a modest boost to the market. The latest market snapshot, based on Yahoo Finance's AlphaSpace heat map, indicates that technology (XLK) stocks experienced modest gains before Nvidia's earnings announcement.

Semiconductors showed slight upside, while major tech companies faced slight downward pressure. Meta (META) stock experienced a dramatic shift, moving into red territory after the company reached an agreement to settle with 29 states regarding claims of social media addiction. Healthcare stocks (XLV) trailed behind, followed by Consumer Discretionary names (XLY).

Some of the financial instruments that are garnering attention today include Meta (META), Microsoft (MSFT), Boston Scientific (BSX), Zoom Communications (ZM), Zscaler (ZS), FIGS (FIGS), and Sandisk (SNDK). For the most up-to-date financial and business news, including market-moving events, visit Yahoo Finance.