Nvidia (NASDAQ: NVDA) stock is falling in Tuesday's trading. The artificial intelligence (AI) leader's share price was down 5.5% as of 2:45 p.m. ET amid a 0.9% decline for the S&P 500 index and a 1.6% pullback for the Nasdaq Composite index.

Nvidia traded slightly higher after Jensen Huang's CES keynote. Traders are eyeing key economic data later in the week.

U.S. stock indexes are rising Monday to recover more of the holiday-season slide that bridged the new year. The S&P 500 was 0.8% higher in early trading and on track for a second straight gain following five straight losses,