Investors weren't impressed with the company's growth forecast amid the AI rally.
US equities (^DJI, ^IXIC, ^GSPC) open Wednesday's trading session near their flatline — the Dow Jones Industrial Average moving just a touch higher — in anticipation of Wednesday's interest rate policy decision by Federal Reserve officials. Morning Brief Anchors Seana Smith and Brad Smith monitor this morning's sector leaders and movement in semiconductor stocks following the opening bell. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
The stock market round-tripped big initial gains as AI plays such as Nvidia retreated. Carvana soared late on earnings.