Business
Earnings-Fueled Stock Rally Faces Key Test
Blockbuster earnings helped carry stocks to new highs in recent weeks. Now, reports from major retailers and the world’s most-valuable company pose a fresh test.
Nvidia NVDA -0.77%decrease; red down pointing triangle, the chip maker whose staggering size has given it an outsize impact on the direction of the stock market, fell 1.3% on Monday, ahead of Wednesday’s quarterly results. Tech stocks dragged on major indexes Monday, with the Nasdaq composite losing 0.5%.
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