Markets Await Nvidia Earnings Amid Four-Day Losing Streak In Major Indices; Lowe’s And GM Stocks Surge On Strong Sales And Buyback Announcement; Investors Focus On AI Spending A

Wall Street looks like it will recoup some losses from the previous day when markets were rattled by more hints of a downtrodden U.S. consumer, with an eagerly anticipated quarterly earnings report from Nvidia after the bell.

For the first time since 2022, Nvidia stock has fallen in the weeks leading up to the chip maker's earnings. Since the end of the last calendar quarter, Dec. 31, Nvidia stock has dropped 5.7%. That includes a 2.