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Market's Rally Fades. Nvidia Is Off Its Highs.

Nvidia’s post-earnings rally lost some steam, and so did the stock market.

The Nasdaq Composite was up just 0.4%. The Dow was down 12 points, or pretty much flat. The S&P 500 was up 0.2%.

Nvidia shares were up 3.9%, pulling back from earlier in the morning as some traders took profits in the wake of the firm’s earnings report that included an outlook that was better than some market observers had feared.