Global Markets Decline Amid Nvidia Earnings and Geopolitical Tensions

Wall Street experienced a mixed session ahead of Nvidia's earnings report, with the S&P 500 closing flat, the Dow Jones gaining 0.32%, and the Nasdaq slipping 0.11%. Nvidia's stock fell 2.5% in after-hours trading due to reported slowing sales growth and guidance that didn't meet expectations, despite a notable 94% year-on-year revenue increase to $35.08 billion. Asian markets also showed a downward trend, influenced by Nvidia's results and the indictment of Gautam Adani related to a bribery scheme. Global shares edged lower amid rising tensions between the U.S. and China, with investors concerned about potential impacts from Nvidia's performance on broader market dynamics. The dollar gained 0.4%, while safe-haven assets like gold received a boost amid geopolitical uncertainties. Overall, market analysts expressed caution as high expectations for Nvidia's performance continue to complicate investor sentiment.