Stocks Erase Losses in Final Hour; Nvidia Falls Ahead of Earnings
• Stocks rallied in the final hour to snap 3-day losing streak; Dow rose 0.1%, S&P 500 rose 0.1%, Nasdaq fell 0.3% • FOMC minutes indicate consensus that rates won't need to go higher, but less agreement on when to cut them • Odds of fed funds rate holding steady through June increased to 27.8% • Nvidia stock fell 2.9% ahead of earnings report after market close • Nvidia faces high expectations; disappointing results could impact tech peers