S&P 500 futures fall as traders analyze Nvidia earnings: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on May 20, 2026 in New York City. Michael M. Santiago | S&P 500 futures slipped Wednesday night as investors debated whether Nvidia 's earnings report met the high bar set for the artificial intelligence titan. Futures tied to the broad index declined 0.4%, while Nasdaq 100 futures lost 0.6%. Dow Jones Industrial Average futures dropped 144 points, or 0.3%. Nvidia breezed past Wall Street's expectations for earnings and guidance, in addition to announcing a hike in its quarterly cash dividend to 25 cents. But investors have come to expect the chipmaker to beat estimates and raise its outlook amid the AI boom. The megacap tech player's shares whipsawed around their flatline in extended trading, last down about 1%. Intuit tumbled 13% after posting worse-than-expected revenue and announcing a roughly 17% workforce reduction, or about 3,000 people. On the other hand, E.l.f. Beauty climbed 4% after beating Wall Street's forecasts on both lines and saying it would roll back some tariff-related price increases. Stocks rallied on Wednesday, snapping a three-day losing streak for the S&P 500 , as oil prices and bond yields retreated. Investor spirits were lifted after President Donald Trump said the administration was in the "final stages" of negotiations with Iran, according to a pool report. …