Wall Street Cautious Ahead of Nvidia Earnings, Fed Minutes; Palo Alto and HSBC Also In Focus
• Wall Street dipped lower as markets awaited Nvidia earnings and Federal Reserve meeting minutes • Nvidia's earnings could indicate health of AI chip industry; stock down 1.5% premarket after 4.4% Tuesday drop • Security software maker Palo Alto Networks fell 24% premarket after cutting 2024 guidance • Amazon to replace Walgreens Boots Alliance in the Dow Jones Industrial Average • HSBC profits hit record $30.3B in 2023 but fell short of expectations; Hong Kong shares fell 3.8%