Market gains heavily dependent on Nvidia, tech: Strategist

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Markets are bouncing back from sharp declines earlier in Tuesday's session stemming from geopolitical uneasiness, but investors are remaining cautious around shorter-term performances.

Managing director and global head of technical strategy at Fundstrat Global Advisors Mark Newton joins Market Domination Overtime Host Josh Lipton to unpack what’s ahead.

While tech stocks have lagged recently, Newton points out that sectors like financials, industrials, and communication services have helped “to buoy the market and do the dirty work.” Newton emphasizes the importance of companies like Nvidia (NVDA) within the tech sector in driving future gains. Nvidia is set to release third quarter earnings results tomorrow, November 20.

??To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

This post was written by Cindy Mizaku.