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SPY ETF Snaps Losing Streak as Tech Rebounds Ahead of Nvidia Earnings

SPY ETF Snaps Losing Streak as Tech Rebounds Ahead of Nvidia Earnings

Author:

Global Cryptocurrency

Published:

2025-11-20 01:32:02

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BTCCSquare news:

The SPDR S&P 500 ETF Trust (SPY) ROSE 0.39% on Wednesday, halting a four-day decline. Technology stocks led the charge, with investors positioning ahead of Nvidia's pivotal earnings report. Gains were tempered by newly released Fed minutes revealing dissent over potential December rate cuts.

Sector performance was bifurcated: Technology, Communication Services, and Materials advanced while Energy, Utilities, and Real Estate lagged. The S&P 500 mirrored SPY's MOVE with a 0.38% gain, while the Nasdaq 100 outperformed at +0.56%.

All eyes now turn to Nvidia's earnings release and delayed economic data. As a bellwether for both AI growth and broad market sentiment, Nvidia's results could catalyze the next leg of SPY's movement.

By:

Top Analysts Highlight Three Stocks with Strong Upside Potential

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