Stocks mixed ahead of Nvidia's widely anticipated Q1 earnings

Stocks (^DJI, ^IXIC, ^GSPC) are readying themselves for whatever Nvidia's (NVDA) fiscal first-quarter earnings — set to report after Wednesday's market close — may bring to markets.

Morning Brief Anchors Seana Smith and Brad Smith report on the market and sector action to kick off the trading day, as the Dow Jones Industrial Average still sits below its record 40,000 benchmark.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

Read more about the latest market movements here, and follow along with Yahoo Finance's Stock Market Today column.

This post was written by Luke Carberry Mogan.

Video transcript

Let's take a look at the markets here as we open up things on the day the Dow and the S and P 500 just as we were mentioning a moment ago, starting off the day flat just barely to the downside.

About 1/10 of a percent move in the red for both of those major averages.

The NASDAQ composite, though trying to hold on to those gains out of the gate here right now.

Yeah, coming off a record setting move here for the S and P. So giving back some of those recent gains when you take a look at the movement that we're seeing within the bond market to, we will be hearing from from more Fed officials here later on.

Today.

Of course, the focus is going to be on rate cuts, so we're seeing yields move up just a bit higher here today, right around 445 and you take a look at the sector action that we're seeing playing out at least at the open.

You've got technology, the loan sector in the green here today, followed closely by communication services that's just below the flat line on flip side consumer staples and materials underperform