India, Aug. 28 -- After moving mostly higher over the two previous sessions, stocks are turning in a relatively lackluster performance during trading on Thursday. Despite the choppy trading, the S&P 500 has reached a new record intraday high.
Currently, the major averages are turning in a mixed performance. While the Dow is down 76.05 points or 0.2 percent at 45,489.18, the S&P 500 is up 3.19 points or 0.1 percent at 6,484.59 and the Nasdaq is up 69.41 points or 0.3 percent at 21,659.55.
The choppy trading on Wall Street comes as traders digest highly anticipated earnings news from Nvidia (NVDA), with the AI darling and market leader slumping 1.2 percent.
The decrease by Nvidia comes after the company reported second quarter results that...