US stocks dipped on Wednesday before Nvidia's earnings report. Markets were eyeing a spike in tensions as Ukraine deployed Western-made weapons to strike inside Russian territory.
Traders were also waiting on a number of Fed speakers for guidance on interest rates.
Investors are eagerly awaiting Nvidia's third-quarter results, expecting a revenue increase of 83% on a year-over-year basis.
Target shares plummeted 20% after the firm slashed its guidance for the year and posted its worst earnings miss in two years.