Major indexes are higher as investors assess mixed retail earnings. Tech stocks have also gained today ahead of NVIDIA's upcoming report.
Portfolio Pulse from Benzinga Newsdesk
Major indexes are up as investors evaluate mixed retail earnings. Tech stocks are also on the rise in anticipation of NVIDIA's upcoming earnings report.
August 23, 2023 | 3:34 pm
News sentiment analysis
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NEUTRAL IMPACT
NVIDIA's stock may be impacted by its upcoming earnings report.
Investors are anticipating NVIDIA's earnings report, which could significantly impact the company's stock price depending on the results.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
The Dow Jones Industrial Average ETF (DIA) may be positively impacted by the rise in major indexes.
As an ETF that tracks the Dow Jones Industrial Average, DIA's price is likely to increase in line with the rise in major indexes.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The Russell 2000 ETF (IWM) may also be positively impacted by the rise in major indexes.
As an ETF that tracks the Russell 2000 Index, IWM's price is likely to increase in line with the rise in major indexes.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The NASDAQ 100 ETF (QQQ) may be positively impacted by the rise in tech stocks.
As an ETF that tracks the NASDAQ 100 Index, QQQ's price is likely to increase in line with the rise in tech stocks.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 85
POSITIVE IMPACT
The S&P 500 ETF (SPY) may be positively impacted by the rise in major indexes.
As an ETF that tracks the S&P 500 Index, SPY's price is likely to increase in line with the rise in major indexes.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75