Stock Market Today: Dow Rises, Nasdaq Cuts Loss As Trump Delays Iran Attack; Nvidia Falls

💡 US stocks rise as Trump delays Iran attack, Nvidia falls on earnings disappointment

The US stock market is seeing a mixed session after President Trump announced a delay in the planned attack on Iran, citing concerns over civilian casualties. This development has led to a surge in risk assets as investors reassess their portfolios.

Dow Jones Rises Amid Global Tensions

The Dow Jones Industrial Average is currently trading higher by 0.5% as investors take a breather from the escalating tensions in the Middle East. However, the $DIA, a popular exchange-traded fund that tracks the Dow, is lagging behind as investors remain cautious about the potential implications of a war on oil prices and global economic growth.

Nasdaq Cuts Losses Amid Earnings Disappointment

The Nasdaq Composite is trading lower by 0.2%, despite a rebound in the $QQQ, an exchange-traded fund that tracks the tech-heavy index. This is largely due to earnings disappointment from Nvidia, which reported a decrease in revenue and profits due to weak demand for its gaming products. The $NVDA stock is currently trading down by 2%.

Market Reaction to Trump's Decision

The market reaction to Trump's decision to delay the attack on Iran is a testament to the unpredictable nature of global events and their impact on investor sentiment. As investors struggle to make sense of the latest developments, they are increasingly turning to safe-haven assets such as bonds and gold to mitigate their risk exposure.

What It Means for Investors