US stocks edge higher as Nvidia earnings take center stage

handelsblatt.com (German)

US stocks showed minimal reaction to Treasury Secretary Scott Bessent's comments on Iran, with major indices slightly higher Tuesday. Oil prices fell sharply instead. The Dow Jones rose marginally to 53,499 points, the S&P 500 gained 0.2 percent to 7,669, and the tech-heavy Nasdaq climbed 0.5 percent to 26,108. Bessent remained vague on new Iran sanctions, prompting Brent crude to drop 3.5 percent to $88.80 per barrel. Investor focus shifts to Nvidia's earnings Wednesday, seen as a key gauge for the AI boom. Chip stocks rebounded Tuesday, with Nvidia, Micron, and Broadcom trading higher.


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