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Wall Street ends higher as tech rebounds before Nvidia results

The gains ease investor concerns sparked by a recent bond market rout and could help set the tone for September, a historically weaker month for stocks.

Wall Street ends higher as tech rebounds before Nvidia results

Wall Street's main indexes closed higher on Tuesday, as technology stocks rebounded after a selloff ahead of AI giant Nvidia's results, while investors found relief in drops in oil prices and bond yields. The gains may ease concerns sparked by a recent bond market rout, which lifted yields and pressured equities, and could set the tone for September, a historically weaker month for stocks.

Nvidia's results on Wednesday will be the next test for the earnings-driven rally, with any signs of slowing growth potentially reigniting concerns about stretched valuations and the sustainability of the AI boom.

Brief written by urgent.news from Free Malaysia Today's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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