“Keep an eye on the latest developments in the tech industry, as they could have a significant impact on Tuesday’s stock market trends.”
Today’s top 10 things to watch in the market include Nvidia’s earnings report after the closing bell. Investors will be looking for insights into the company’s outlook in China and how it plans to address the current chip shortage. Additionally, Lowe’s reported a decline in DIY sales, leading to a drop in stock price, while Best Buy and Kohl’s also reported mixed results. On the positive side, Dick’s Sporting Goods raised its full-year outlook, and Wall Street is cautiously watching the S&P 500’s recent winning streak. Club name Microsoft and Club name Broadcom also made news. Lastly, Wells Fargo cut its price target for Salesforce, and Citi boosted its price target for Dell. As always, it’s important to stay informed and consider the risks associated with investing.