Good morning. Stocks wavered at the opening bell on Wednesday as investors assessed fresh inflation data and upcoming earnings from AI bellwether Nvidia (NVDA). Oil prices continued to fall, adding some support to stocks.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Tech (XLK) stocks saw muted gains ahead of Nvidia's earnings. While semiconductors rose slightly, Big Tech names came under slight pressure. In one notable move in early trading, Meta (META) stock flipped into red territory after the company agreed to settle with 29 states over social media addiction claims.
Healthcare stocks (XLV) were the biggest laggards, followed by Consumer Discretionary names (XLY). **Here are some notable stocks that Yahoo Finance readers are viewing this morning: **Meta (META), Microsoft (MSFT), Boston Scientific (BSX), Zoom Communications (ZM), Zscaler (ZS), FIGS (FIGS), and Sandisk (SNDK).
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