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Equity Markets Mixed Ahead of Nvidia's Earnings, Decline in US New Home Sales
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Equity Markets Mixed Ahead of Nvidia's Earnings, Decline in US New Home Sales
Feb 26, 2025 1:19 PM

03:51 PM EST, 02/26/2025 (MT Newswires) -- US benchmark equity indexes are on track to close mixed on Wednesday ahead of Nvidia's ( NVDA ) quarterly earnings and as investors considered the latest housing market data.

The Dow Jones Industrial Average dropped 0.4% to 43,431.6, while the Nasdaq Composite gained 0.1% to 19,036.8. The S&P 500 shed 0.1% to 5,949.5. Among sectors, consumer staples posted the steepest decline while utilities led the gainers.

ZoomInfo Technologies ( ZI ) gained over 23% after the company issued a full-year earnings outlook ahead of market estimates.

Advance Auto Parts ( AAP ) fell 18% after the company's Q4 loss widened year-over-year with a decline in revenue.

The 10-year US Treasury yield fell 0.05 basis points to 4.25%, while the two-year rate was little changed at 4.08%.

West Texas Intermediate crude oil was down 0.1% at $68.87 a barrel.

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