Stock market today: Dow, Nasdaq, S&P 500 waver as Wall Street eyes a new year comeback

Tesla's decline in annual deliveries indicates potential long-term challenges for the company, and the recent explosion incident raises concerns which may worsen investor sentiment. The combination of these factors is likely to lead to continued downward pressure on the stock price in the short term.

Apple's recent price discounts due to competition indicate declining pricing power, which may weigh down earnings. This could lead to a further pullback in share price as investors react to potential impacts in their market position.

The recent upgrade for Cloudflare and the projection of growth potential suggest a positive outlook. Given the favorable market response, investors may see an upward trend in Cloudflare's stock following this analyst recognition.

With the ongoing economic pressures affecting the housing market, rising mortgage rates may lead to a slowdown in housing sales and refinancing. This could negatively impact shares related to residential real estate. Potential sell-offs can be expected in the sector, particularly affecting ETFs or stocks directly related to housing.

Nvidia's position as a leader in the tech space, driven by AI-related developments and strong sales, suggests a continued positive trajectory. As tech stocks are favored currently, Nvidia is likely to experience price gains in the coming sessions.