Nvidia is expected to report adjusted earnings of $1.23 a share on revenue of $54.83 billion for the October quarter on Wednesday after the market close, according to a FactSet poll of analysts.

U.S. stocks ended sharply lower on Monday, with the S&P 500 and the Nasdaq closing below a key technical indicator for the first time since late April as investors braced for quarterly results from retailers and chip giant Nvidia and awaited a long-delayed U.