Tech stocks eye recovery, retail earnings put consumer in focus: Yahoo Finance
The major indexes (^DJI,^GSPC, ^IXIC) are wavering after posting their worst day since early August. The chip sector is eyeing a recovery after a massive sell-off in Tuesday’s trading session, despite a potentially rocky road for Nvidia (NVDA) ahead. Wall Street’s AI darling could be hot water as Bloomberg reported that the Department of Justice has subpoenaed the company in an antitrust probe. Meanwhile, shares of retail players Dick's Sporting Goods (DKS) and Dollar Tree (DLTR) are sinking after citing a challenging consumer environment in their recent earnings reports. Other trending tickers on Yahoo Finance include AST SpaceMobile (ASTS), Tesla (TSLA), and Coupang (CPNG).
Key guests include:3:00 p.m. ET - David Sekera, Morningstar Chief U.S. Market Strategist3:30 p.m. ET - Brooke Roach, Goldman Sachs Vice President4:00 p.m. ET - Vivek Ramaswamy, Former 2024 Presidential Candidate4:30 p.m. ET - Gitesh Pandya, Box Office Guru Founder and Editor
