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● LIVE Updated 2h ago · 11 sources tracked

Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple

Influential Big Tech stocks including Nvidia lifted the United States market on Tuesday, offsetting a share price drop for Apple and mixed trading across Wall Street. The S&P 500 rose 0.4 percent. Meanwhile, Asian shares traded mixed as technology losses offset broader market gains. U.S. stock futures remained steady following Apple's mixed earnings report. Markets faced a busy economic and political calendar including midterm election results and an upcoming jobs report.

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  • ✓ A rebound for influential Big Tech stocks, including Nvidia, lifted the U.S. market despite a drop in Apple shares.
  • ✓ The S&P 500 rose 0.4 percent.
  • ✓ Asian shares traded mixed as tech losses offset broader gains.
  • ✓ Apple dipped following mixed earnings.
🛡️ Source Corroboration: 11 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

A rebound in Nvidia and other influential Big Tech stocks compensated for Apple's decline and pushed the U.S. market upward on Tuesday.

Live updates

  1. Nvidia and Big Tech Lift Wall Street as Apple Drops

    Influential Big Tech stocks including Nvidia lifted the United States market on Tuesday, offsetting a share price drop for Apple and mixed trading across Wall Street. The S&P 500 rose 0.4 percent. Meanwhile, Asian shares traded mixed as technology losses offset broader market gains. U.S. stock futures remained steady following Apple's mixed earnings report. Markets faced a busy economic and political calendar including midterm election results and an upcoming jobs report.

    Why it matters

    Market activity reflects competing pressures from corporate earnings, economic data, and political events. Apple posted mixed earnings that weighed on its stock value and triggered a broader Nasdaq slide that clouded Asian market openings. Investors are weighing these corporate updates against upcoming employment figures and midterm election results.

    What is confirmed

    • A rebound for influential Big Tech stocks, including Nvidia, lifted the U.S. market despite a drop in Apple shares.
    • The S&P 500 rose 0.4 percent.
    • Asian shares traded mixed as tech losses offset broader gains.
    • Apple dipped following mixed earnings.

    Still unconfirmed

    • Oil prices fell on Iran.
    • The stock market is expected to be jolted by midterm election results and the jobs report.

    What to watch next

    • Midterm election results
    • The upcoming jobs report
    Sources used for this update (10)
    1. Business Insider — Stock Market to Be Jolted by Apple Earnings, Midterms, Jobs Report This Week
    2. Bloomberg.com — Nasdaq Slide Clouds Asian Open, Oil Falls on Iran: Markets Wrap
    3. Investing.com — U.S. stock futures steady; Apple dips after mixed earnings
    4. AP News — Asian shares are mixed as tech losses offset broader gains on Wall Street
    5. Yahoo Finance — Update: Wall Street Closes Mixed Ahead of Midterm Election Results
    6. abcnews.com — Nvidia and other Big Tech stocks lift Wall Street and make up ...
    7. www.latimes.com — Nvidia and other Big Tech stocks lift market despite drops ...
    8. wtop.com — Nvidia and other Big Tech stocks lift the US market despite ...
    9. finance.yahoo.com — Nvidia and other Big Tech stocks lift the US market despite ...
    10. lancasteronline.com — Nvidia and other Big Tech stocks lift Wall Street and make up ...
    confidence 100%
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