Following an earnings report from NVIDIA that is expected to weigh on technology and artificial intelligence (AI) stocks, the US stock market was flat on Thursday.
There were no surprises in the February close, even though the company reported strong fourth-quarter revenue and profit that beat investor expectations.
In contrast, Salesforce saw its shares fall 5% after reporting weak quarterly results and guidance.
Analysts attribute investors' cautious stance on the stock market to concerns about tariffs imposed by President Donald Trump.
Trump's announcement of a 25% tariff on European cars, along with tariffs on imports from Mexico and Canada, add to the downside risks that could weigh on the stock market.
The tariffs could disrupt international supply chains and increase costs for companies that rely on imported components, which could lead to lower profit margins and slower economic growth.
Wednesday's trading session saw the S&P 500 and Nasdaq post higher gains, gaining 0.01% and 0.26% respectively, while the Dow Jones Industrial Average fell 0.43%.
