As the economic calendar is fairly light in the week ahead, the major focus of the market participants on Wall Street will be on earnings reports from big names such as chip giant Nvidia Corp, retail heavyweights Walmart Inc and Target Corp. Nvidia, the world’s most valued company by market capitalization will declare its third…
Wall Street moved slightly on Wednesday after fresh inflation data aligned with expectations, leaving investors anticipating further economic support through another interest rate cut next month. The S&P 500 remained nearly unchanged, while the Dow Jones inched up by 66 points, or 0.1 percent, and the Nasdaq slipped by 0.2 percent in morning trading. Elsewhere,…
Reducing the debt of China’s beggared local governments by CNY (yuan)12 trillion ($2.6 trillion) in less than five years sounds impressive but it has been met with serious disappointment by those on the outside looking in – investors, commodity traders and a large chunk of the commentariat. Certainly, investors on the ASX were disappointed and…
The S&P 500 index surged past the 6,000-point milestone, setting fresh record highs, and small-cap stocks are poised for their best weekly performance since April 2024 as investor optimism surrounding the “Trump trade” continued to fuel a strong risk-on sentiment by the end of a wild week in the market. All major U.S. indices posted…
U.S. stocks were mixed on Thursday while investors awaited the Federal Reserve’s decision on interest rates, scheduled for later in the day. The S & P 500 gained 0.4 percent in early trading, although its momentum slowed significantly after a sharp rise the day before following Donald Trump‘s presidential victory. The Dow Jones Industrial Average…
NEW YORK – Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems. Paint-maker Sherwin-Williams will also replace chemical company Dow Inc. among the companies that make up the 30-stock average….
By Arsheeya Bajwa (Reuters) -Intel (INTC) will be replaced by Nvidia (NVDA) on the blue-chip Dow Jones Industrial Average index after a 25-year run, underscoring the shift in the chipmaking market and marking another setback for the struggling semiconductor firm. Nvidia will join the index next week along with paint-maker Sherwin-Williams , which will replace…
US Presidential Elections 2024: The high-stakes US Presidential Elections 2024 have entered their final days as billions of Americans cast votes to pick their preferred President to lead the world’s largest economy for the next four years. Vice President and Democratic candidate Kamala Harris and former President and Republican candidate Donald Trump continue to run…
Investor’s Business Daily SCOTT LEHTONEN October 29, 2024 at 9:49 PM·5 min read Link Copied Dow Jones Falls Amid Key Data; Nvidia, Tesla Drop Below Buy Points Stock Market Today: The Dow Jones industrials fell Tuesday amid key data. Nvidia stock and Tesla gave up buy points Monday. Continue reading View comments Source link
Investor’s Business Daily SCOTT LEHTONEN October 29, 2024 at 9:35 PM·5 min read Link Copied Dow Jones Falls Amid Key Data; Nvidia, Tesla Drop Below Buy Points Stock Market Today: The Dow Jones industrials fell Tuesday amid key data. Nvidia stock and Tesla gave up buy points Monday. Continue reading View comments Source link