03:49 PM EST, 11/19/2025 (MT Newswires) -- US equity indexes rose ahead of Wednesday's close as investors awaited Nvidia's ( NVDA ) quarterly results after the bell, while government bond yields gained following the release of the Federal Reserve's October meeting minutes.
The tech-heavy Nasdaq Composite climbed 0.8% to 22,616.1, with the S&P 500 0.5% higher at 6,648.5 and the Dow Jones Industrial Average 0.1% higher at 46,139.4. Communication services and technology led the gainers, while energy and consumer staples were among the decliners in the final leg of trading.
Nvidia ( NVDA ) is expected to "handily" exceed Wall Street estimates during Q3 earnings, given the positive data points noted from Asian supply checks along with recent Big Tech capital expenditure numbers seen by hyper-scalers, Wedbush said in a note. Shares of Nvidia ( NVDA ) climbed 2.1%, the top gainer on the Nasdaq.
Meanwhile, Workday (WDAY) announced the launch of a European Union sovereign cloud for its human resources and finance platform and agreed to partner with Alphabet-owned Google's ( GOOG ) Cloud BigQuery platform.
In a separate development, Google ( GOOG ) said its DeepMind division is launching a new artificial intelligence research lab in Singapore. This comes as Open Text ( OTEX ) disclosed the expansion of its collaboration with Google Cloud to launch new AI-to-AI tools. Shares of Alphabet jumped 3.1%, among the leaders on the Nasdaq.
In economic news, the Federal Open Market Committee's meeting minutes revealed a divisive debate among policymakers regarding the future path of monetary policy, with many members suggesting that while further rate reductions may be needed, a cut in December may not be appropriate.
The probability of a 25-basis-point cut in interest rates next month sank to 31% on Wednesday from 50% a day ago, according to the CME FedWatch tool.
Most Treasury yields rose, with the 10-year up one basis point to 4.13%.