US stocks were drifting on Wednesday ahead of chip giant Nvidia's quarterly results and the US Federal Reserve's policy meeting minutes. Nvidia, based in Santa Clara, California, will release its first quarter earnings after the market close on Wednesday. At the opening bell, the Dow Jones Industrial Average fell 9.66 points, or 0.02 per cent, to 39,863.33. Chipmaker Analog Devices climbed 7.6 per cent after forecasting third quarter revenue above Wall Street expectations. BullionGold prices fell over 1 per cent on Wednesday.

Source: Mint May 22, 2024 20:45 UTC