Stocks Edge Lower Ahead of Nvidia Earnings, Fed Minutes; Bezos Sells More Amazon Shares
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U.S. stock futures edged lower ahead of Nvidia earnings and Federal Reserve minutes.
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Markets awaited Nvidia's quarterly results to see if earnings growth justified the stock's expensive valuation.
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Traders looked for signals on interest rate trajectory from minutes of the Fed's January meeting.
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Amazon founder Jeff Bezos sold another $2.4 billion in shares, bringing recent sale proceeds to $8.5 billion.
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Oil prices ticked higher on Middle East supply worries, though demand concerns limited upside.