Stocks Fall Ahead Of Nvidia Earnings, Dollar Resumes Gains, Bitcoin Reaches New Record Highs: What's Driving Markets Wednesday?

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Investor sentiment remained subdued on Wednesday as escalating geopolitical tensions weighed on risk assets ahead of the week’s most anticipated event: Nvidia Corp.’s (NASDAQ:NVDA) third-quarter earnings report, set to be released after market close.

The market mood deteriorated further after multiple outlets confirmed Ukraine’s deployment of U.K.-made Storm Shadow missiles into Russian territory, a day after launching U.S.-supplied ATACMS missiles.

The CBOE Volatility Index (VIX), widely regarded as a barometer of market anxiety, spiked over 9%, underscoring rising apprehension among investors.Major U.S.indices were in the red, with the tech-heavy Nasdaq 100 leading losses as technology stocks bore the brunt of the sell-off.The U.S.dollar resumed its upward trajectory, with the Invesco ...

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Author / Journalist: Piero Cingari

Category: Technology

Markets: United StatesUkraine

Topics: Benzinga UUP US78462F1030 Forex QQQ SPY US25659T1079 DIA US81369Y8030 XLV XLE XP TSX:XL Top Stories NVDA Global Equities US78467X1090 PANW SNOW WSM Broad U.S. Equity ETFs XLP US67066G1040 Commodities Econ #s Midday update US8725401090 US73935A1043 US4642876555 Large Cap Analyst Color US87612E1064 US81369Y2090 US73936D1072 $BTC Pro Project KEYS US9699041011 IWM US81369Y5069 Midday report US81369Y3080 TGT ETFs XLK TJX Tech Politics Stores That Matter DLB

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 18:25:25 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 312 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 23723423

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