Stocks are edging higher on Wall Street ahead of a highly anticipated earnings update from Nvidia. The S&P 500 rose 0.2% in midday trading Wednesday, while the Nasdaq composite rose 0.2%. The Dow Jones Industrial Average gained 104 points, or 0.2%. Investors see Nvidia’s quarterly report, coming after the bell, as a barometer for the strength of the boom in artificial intelligence because the company makes most of the chips that power the technology. Cracker Barrel climbed 8.3% after scrapping plans to change its logo following an uproar on social media that even drew a comment from President Trump. Global markets were mixed.
Authorities say a shooting has erupted during the first week of classes at a Minneapolis Catholic school. Authorities haven't given immediate information on the number of injuries, but a spokesperson for Hennepin Healthcare says it is caring for patients from the shooting. The Minneapolis city government said the shooter had been “contained” after the gunfire Wednesday at the Annunciation Church’s school. The city says there is no “active threat” to residents. Gov. Tim Walz says on social media that he has been briefed on the shooting. A person answering the phone at the school said students were being evacuated. The pre-kindergarten through eighth grade school had an all-school Mass scheduled at 8:15 a.m. Wednesday morning. Monday was the first day of school.
John Bolton, a former adviser to U.S. President Donald Trump who is now a persistent critic, said he was concerned about the withdrawal of his Secret Service protection and criticized raids on his home and office last week.
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