US Stock Rally Stalls; Nvidia Shares Fluctuate After Earnings | Bloomberg Brief 2/26/2026

US equity futures dipped after a two-day rebound, signaling stalled momentum in the stock rally as investors reassessed market conditions amid geopolitical and economic uncertainties. Nvidia shares fluctuated post-earnings, initially rising on strong results and an optimistic forecast, though volatility persisted as analysts like HSBC’s Frank Lee dissected the tech giant’s financial performance. The US resumed nuclear negotiations with Iran in Geneva, reviving diplomatic efforts with potential implications for global energy markets and regional stability. Separate US talks with Ukraine aim to broker an end to the prolonged conflict, marking a critical juncture in geopolitical tensions affecting international trade and investor sentiment. Analyst Kallum Pickering of Peel Hunt warned of impending dollar weakness and underperformance in US equities, citing macroeconomic pressures and shifting global capital flows.