US stocks drift as Nvidia leads gains for tech

News Snapshot:

NEW YORK (AP) — U.S. stocks are drifting following some mixed data on inflation and profits at some of the biggest U.S. banks. The S&P 500 was up 0.2% in early trading Tuesday, close to the all-time high set on Thursday. The Dow Jones Industrial Average was down 88 points, or 0.2%, and the Nasdaq composite was up 0.6%. Nvidia helped lead tech stocks higher after the chip giant won approval from the U.S. goverment to sell its advanced H20 computer chips used for artificial intelligence to China. Nvidia rose 3.2% Shares of major U.S. banks were mixed after several...