US markets today: Wall Street edges up on rate-cut hopes; Nvidia slump caps Nasdaq gains
US stocks saw a mixed performance Tuesday, with the S&P 500 and Dow Jones edging higher while the Nasdaq dipped. Softer retail sales and producer price data fueled hopes for a December Fed rate cut. Strong retail earnings from Abercrombie & Fitch and Kohl's boosted consumer stocks, though chipmakers faced pressure.
US stocks saw a mixed performance Tuesday, with the S&P 500 and Dow Jones edging higher while the Nasdaq dipped. Softer retail sales and producer price data fueled hopes for a December Fed rate cut. Strong retail earnings from Abercrombie & Fitch and Kohl's boosted consumer stocks, though chipmakers faced pressure.
