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US Equity Markets Close Higher as Oil Prices Fall, Tech Gains Ahead of Nvidia Results

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US equity indexes ended higher on Wednesday after crude oil prices fell and the tech sector rose ahead of Nvidia's (NVDA) results.

* President Donald Trump said negotiations with Iran are in the final stages, though he warned of further attacks unless Tehran agrees to a deal, Reuters reported.

* Nvidia's (NVDA) fiscal Q1 sales are expected to outperform market projections, with potential for "enhanced" cash returns likely to be among the key areas of focus, BofA Securities said.

* A majority of FOMC participants appear to be leaning away from rate cuts for now and were open to the possibility of rate increases, minutes of the April 28-29 meeting released Wednesday showed.

* July West Texas Intermediate crude oil fell $5.76 to settle at $98.39 per barrel, while July Brent crude, the global benchmark, was last seen down $6.30 at $104.98.

* United Airlines (UAL) shares rose 10%, the biggest gain on the S&P 500, a day after the company forecast double-digit increases in demand this summer, with more than 53 million passengers from June to August, up 3 million from a year earlier.

* Hasbro (HAS) shares fell 8.8%, the steepest decline on the S&P, after the company reported a Q1 operating loss for the consumer products division amid flat sales.

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Technology Pushes US Equity Indexes Higher Ahead of Nvidia's Results

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US Equity Futures Rise Pre-Bell Amid Chip Sector Gains as Traders Await Nvidia Earnings

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