Stock market today: Dow, S&P 500, Nasdaq rise as stocks pause sell-off streak before Nvidia earnings

Market Overview - Stocks closed mostly higher on Wednesday, with the Nasdaq Composite leading the recovery, climbing 0.6%, and the S&P 500 rising 0.4%, while the Dow Jones Industrial Average increased by about 0.1% [1] - This marked a recovery from a four-day run of losses, primarily driven by the tech sector [2] Nvidia Earnings Impact - Investors were bracing for Nvidia's third quarter earnings, expected to swing the stock up to 7% in either direction, which could significantly impact the S&P 500 rally driven by AI optimism [3] - Nvidia closed Wednesday's trading session up around 2.8% ahead of its earnings release [2] Big Tech Spending Concerns - Concerns regarding Big Tech's substantial spending on AI initiatives have contributed to recent declines, with high-profile investors offloading holdings [4] - There is growing unease about companies like Amazon increasing their borrowing to fund AI ambitions amid expectations that the Federal Reserve may halt interest rate cuts [4] Federal Reserve Insights - The Fed minutes released on Wednesday revealed divisions regarding potential interest rate cuts in December, reflecting ongoing uncertainty in economic policy [5] - Investors' perspectives on the Fed's next moves may shift following the upcoming September jobs report, which is crucial due to the delay in economic updates caused by the government shutdown [6]