Major U.S. equities indexes were mixed and little changed on Wednesday as Nvidia (NVDA) prepared to disclose quarterly results after the closing bell.
After trading in negative territory for much of the day, the S&P 500 rebounded in the afternoon to close flat for the session. The afternoon rally helped lift the Dow to a daily gain of 0.3%, while the Nasdaq ended 0.1% lower.
Wednesday’s top performance in the S&P 500 came from shares of electronic test and measurement provider Keysight Technologies (KEYS), which surged 8.8% to a 52-week high. Keysight posted better-than-expected earnings per share (EPS) and revenue for its fiscal fourth quarter, boosted by its investments in artificial intelligence (AI) technology. Projections for the current quarter also topped forecasts.
Humana (HUM) shares jumped 5.8% after Wells Fargo lifted its price target on the stock. Analysts said their stronger expectations for the insurer hinged on updates to Managed Care …