Stocks drift lower, with investors in wait-and-see mode ahead of nvidia, salesforce earnings, strategist says
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Move over, Fed minutes. Investors were in wait-and-see mode ahead of Nvidia's and Salesforce's earnings after the bell. "Today, markets are just digesting yesterday’s pretty
big move," said Anthony Saglimbene, chief market strategist at Ameriprise. Like others, he pointed to the minutes of the Fed's May 6-7 meeting as reflecting a moment before
U.S.-China tariffs eased later in the month. That leaves investors largely on the sidelines until after artificial-intelligence darling Nvidia and Salesforce report, Saglimbene said.