U.S. stocks were mixed in early trading Wednesday ahead of a highly anticipated earnings update from computer chip giant Nvidia that may provide insights into the current state and future of artificial intelligence.

The S&P 500 was up less than 0.1%. The benchmark index remains near its record high set earlier this month. The Dow Jones Industrial Average rose 87 points, or 0.2%, as of 9:56 a.m. Eastern time. The Nasdaq composite was down 0.2%.

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