Investors reduced their expectations for Nvidia’s quarterly results as the chip maker prepared to report after the U.S. market close, sending U.S. stocks fractionally lower. Nvidia shares fell 1.59% in a quiet late-summer session that recorded the third-lightest trading volume day of 2026. Federal Reserve Chairman Kevin Warsh’s speech scheduled for Friday was another focus for markets. A later update in the existing record said Nvidia reported a second-quarter earnings beat, with NVDA initially falling 2% before stabilizing around unchanged.