Major US stock indices close lower ahead of Nvidia earnings

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 guidance
• Shares are trading up 1.85% and volatile trading at $264.

CrowdStrike is also announcing its earnings:

• EPS $1.04 adjusted versus $0.97 expected
• revenues $963.9 million versus 960 million estimate
• Shares are trading at $268 up 1.4%

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