Stocks in holding pattern ahead of Nvidia earnings: AlphaCheck

Stocks wavered at the opening bell on Wednesday as investors assessed fresh inflation data and upcoming earnings from AI bellwether Nvidia (NVDA), with tech stocks seeing muted gains and Meta (META) flipping into red after agreeing to settle with 29 states over social media addiction claims. Healthcare stocks were the biggest laggards, followed by consumer discretionary names, while oil prices continued to fall, adding some support to stocks.

Good morning. Stocks wavered at the opening bell https://finance.yahoo.com/markets/live/stock-market-today-wednesday-august-26-dow-sp-500-nasdaq-081834782.html on Wednesday as investors assessed fresh inflation data and upcoming earnings from AI bellwether Nvidia NVDA https://finance.yahoo.com/quote/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 https://alphaspace.finance.yahoo.com/ . Tech XLK https://finance.yahoo.com/quote/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 https://finance.yahoo.com/quote/META/ stock flipped into red territory after the company agreed to settle with 29 states over social media addiction claims. Healthcare stocks XLV https://finance.yahoo.com/quote/XLV/ were the biggest laggards, followed by Consumer Discretionary names XLY https://finance.yahoo.com/quote/XLY/ . Here are some notable stocks that Yahoo Finance readers are viewing this morning: Meta META https://finance.yahoo.com/quote/META/ , Microsoft MSFT https://finance.yahoo.com/quote/MSFT/ , Boston Scientific BSX https://finance.yahoo.com/quote/BSX/ , Zoom Communications ZM https://finance.yahoo.com/quote/ZM/ , Zscaler ZS https://finance.yahoo.com/quote/ZS/ , FIGS FIGS https://finance.yahoo.com/quote/FIGS/ , and Sandisk SNDK https://finance.yahoo.com/quote/SNDK/ . Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance