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Benzinga
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S&P 500 Tests Records Ahead Nvidia Results, MongoDB Rockets: What's Moving Markets Wednesday?

1. Wall Street remains cautious ahead of NVIDIA's earnings report. 2. NVIDIA's success fuels S&P 500 record highs this month. 3. S&P 500 edged up 0.2%, nearing all-time highs. 4. Treasuries saw yields rise, pointing to market pressures. 5. MongoDB shares soared 35% after a strong earnings report.

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FAQ

Why Bullish?

NVIDIA's strong performance may lift overall market sentiments, benefiting IVV positively as it's S&P 500-linked.

How important is it?

NVIDIA's impact on the S&P 500 can directly influence IVV, likely attracting investor interest.

Why Short Term?

Immediate investor reaction to NVIDIA's earnings could cause brief IVV price fluctuations.

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