Overview
Australian shares are poised to open lower. In New York, shares turned down in afternoon trade as volatility persisted amid uncertainty about the path for interest rates and pre-Nvidia earnings nervousness.
Nvidia will report quarterly results after Wednesday’s closing bell (Thursday AEDT). The results “will set the tone for the wider tech sector over the coming few weeks into year-end”, Capital Economics deputy chief markets economist Jonas Goltermann said in a note. The results are poised to generate a potential swing in Nvidia’s shares of up to 6.5 per cent.
Source: https://www.afr.com/markets/equity-markets/asx-to-slip-wall-st-hovers-on-rate-nvidia-positioning-20251118-p5ng50