12:48 PM EST, 11/19/2025 (MT Newswires) -- US equity indexes traded mixed as selective buying in big-tech names such as Nvidia ( NVDA ) , which will report its quarterly results after the bell, helped lift communication services and technology.
The tech-heavy Nasdaq Composite rose 0.1% to 22,461.6, with the S&P 500 up less than 0.1% to 6,621.4. The Dow Jones Industrial Average fell 0.2% to 46,004.3 amid declines in the energy and consumer staples sectors.
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 Wednesday 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.
Separately, Google ( GOOG ) said its DeepMind division is launching a new artificial intelligence research lab in Singapore. Additionally, Open Text ( OTEX ) disclosed the expansion of its collaboration with Google Cloud to launch new AI-to-AI tools. Shares of Alphabet jumped 3.5%, among the top gainers on the Nasdaq.
The Federal Open Market Committee's meeting minutes for October are due later on Wednesday.
The ICE Dollar Index jumped 0.6% to 100.15.