U.S. Stocks Hold Steady Ahead of Fed Minutes and Nvidia Results

U.S. equities traded in a narrow range on Wednesday, as investors balanced ongoing corporate earnings with anticipation of the Federal Reserve's meeting minutes and Nvidia's after‑hours report.

At 09:35 ET (13:35 GMT), the Dow Jones Industrial Average added 50 points (0.1%), the S&P 500 rose 9 points (0.2%), and the Nasdaq Composite climbed 40 points (0.2%).

Fed Minutes in Focus

Traders are penciling in key clues on rate‑path expectations from Wednesday's release of the Fed's latest policy‑meeting minutes. You can bookmark the exact publication time using the Economics Calendar API to ensure you're ready for any market‑moving surprises.

Nvidia's Earnings as a Tech Bellwether

All eyes will turn to Nvidia (NASDAQ:NVDA) after the bell, with consensus estimates at $0.893 EPS on $43.12 billion in revenue for Q1. The company's outlook—and any commentary on China sales under tightening export controls—could set the tone for AI‑related hardware stocks in 2025. Don't miss the report—add it to your calendar via the Earnings Calendar API.

Retail Sector Movers

Meanwhile, several consumer names saw outsized moves on their quarterly updates:

• Macy's (M) ticked higher after beating Q1 estimates but trimming its full‑year guide on tariff and promotional pressures.

• Abercrombie & Fitch (ANF) jumped on an EPS beat despite a slight revenue miss.

• Dick's Sporting Goods (DKS) gained after reporting record sales and reaffirming its 2025 outlook.

To see which U.S. stocks are driving volume and momentum during these earnings reactions, check the Market - Most Active API for a real‑time leaderboard.

With policy insights from Fed minutes and fresh tech and retail earnings, Wednesday's session blends macro catalysts and corporate fundamentals—making scheduled data points and earnings calls essential for navigating the market's next leg.