Markets ended mixed as investors brace for a volatile week driven by major earnings, Fed minutes, and Nvidia’s AI report. Rate-cut odds are falling, pressuring stocks and bonds.

The moves followed a choppy week in which valuation fears, a rotation within the market and a recalibration of Fed rate cut expectations pressured the AI trade.

Markets ended mixed as investors brace for a volatile week driven by major earnings, Fed minutes, and Nvidia’s AI report. Rate-cut odds are falling, pressuring stocks and bonds.

Despite the recent sell-off in tech over concerns about high valuations and capital expenditure, some analysts think we could still end the year with a rally.

Benchmarks in Tokyo and Seoul sank more than 3%, after Nvidia and other AI-related shares pulled U.S. stocks lower.

Several AI-linked stocks gave up more ground as major indexes dropped in a fourth-straight trading session.

Tuesday's session saw the Dow Jones Industrial Average and S&P 500 notch their fourth consecutive losing day, marking the S&P 500's longest slide since August.

Investors cheer forecast-beating results from chipmaker, as attention turns to delayed US employment report