The Dow Jones Industrials gained 64.87 points to approach noon hour EDT at 39,871.64.
The S&P 500 gained 4.54 points to 5,312.67.
The NASDAQ Composite loosed 0.64 points to 16,794.28.
Nvidia shares inched down 0.1% prior to its earnings report Wednesday after the close. Analysts are expecting the semiconductor giant to post another strong batch of results. Shares have surged about 91% in 2024 alone, and have surged 202.5% over the last 12 months. The stock has been at the center of a market rally largely led by AI enthusiasm.
Palo Alto Networks also dropped more than 3% on Tuesday. While beating expectations for both lines in the fiscal third quarter, the cybersecurity company delivered current-quarter guidance that was only in line with consensus forecasts of analysts polled by LSEG.
Those moves come after a mixed day on Wall Street. The NASDAQ notched intraday and closing records, while the Dow fell on the back of steep declines in JPMorgan Chase shares.
Prices for the 10-year Treasury slipped, raising yields to 4.41% from Monday’s 4.44%. Treasury prices and yields move in opposite directions.
Oil prices shed 50 cents to $79.30 U.S. a barrel.
Gold prices dipped $6.30 to $2,432.20.