Major US stock indices close lower ahead of Nvidia earnings

August 28, 2024 at 09:06PM
The major US indices are ending the day lower. For the industrial average, it’ snapped a 2- day record closing. The NASDAQ index fell -1.12% ahead of Nvidia’s earnings to be released at 4:20 PM ET. Nvidia shares closed down $-2.69 or -2.10%.

The final numbers for the major indices are showing:

Dow industrial average -159.08 points or -0.39% at 41091.41.

S&P index -33.60 points or -0.60% at 5592.19

NASDAQ index -198.79 points or -1.12% at 17556.03

The small-cap Russell 2000 felt -14.36 points or -0.65% at 2188.65

After the close salesforce announced

Earnings-per-share 2000 $0.56 versus $2.36 estimate

Revenues came in at $9.33 billion versus $9.23 billion estimate

There was some softness in the forward guide

This article was written by Greg Michalowski at www.forexlive.com.

Major US stock indices close lower ahead of Nvidia earnings