The stock market rally continued to advance, with the Dow Jones, S&P 500 and Russell 2000 all hitting record highs, shrugging off Donald Trump tariff threats, some weak tech earnings, and struggles for Nvidia (NVDA). Treasury yields fell sharply, lifting homebuilders. Bitcoin tumbled from just below $100,000 on Nov. 22, but slashed losses by Friday….
Hasbro stock climbed Friday after Elon Musk mused about buying the toy making powerhouse for the rights to Dungeons & Dragons. The day prior, Musk announced plans to start his own artificial intelligence video game studio. Telsa (TSLA) and SpaceX CEO Elon Musk is an avid video game player, previously touting on the Joe Rogan…
The Dow Jones Industrial Average and the other major indexes increased gains around the lunch hour during Friday’s abbreviated trading session. Dow Jones component Nvidia (NVDA) recouped Wednesday’s losses while a connectivity stock soared ahead of earnings on the stock market today. Nvidia stock was added back to IBD SwingTrader. The Dow Jones notched a…
As the market moved toward Friday’s launch of the Black Friday holiday shopping season, retail stocks were in motion. Earnings reports rolled out Tuesday from Dick’s Sporting Goods (DKS), Burlington Stores (BURL), Abercrombie & Fitch (ANF), Best Buy (BBY) and Kohl’s (KSS). Dick’s led the group, moving sharply higher in early trade, then narrowing its…
The Dow Jones Industrial Average and other indexes rose as investors cheered after President-elect Donald Trump picked Scott Bessent for Treasury Secretary. Nvidia (NVDA) and Palantir Technologies (PLTR) were subject to bullish analyst calls. Department store Macy’s (M) fell after the firm delayed its earnings report due to an accounting issue. The Dow Jones index…
The stock market ended higher in the final week before Thanksgiving. Now more inflation data and the latest Federal Reserve minutes are due. The Nasdaq composite flirted with negative territory before rallying to end Friday up 0.2%. This allowed the tech-heavy index to post a weekly gain of 1.7% and put it back above its…
Reddit (RDDT) stock slid in Friday trading after a report that Advance Magazine Publishers plans to borrow against its large Reddit stake. The slide is taking a bite out of a big recent run for the social media stock. ↑ X NOW PLAYING Party Like It’s 1999? How To Play The Bullish Stampede As AppLovin,…
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. The stock market rally had a strong session Thursday. Nvidia (NVDA) ultimately edged higher after initial whipsaw action following strong earnings. ↑ X NOW PLAYING Small Caps Jump As Breadth Strengthens; Amphenol, DECK, FTI In Focus The Nasdaq barely…
It wasn’t looking good in the early going Wednesday as sellers initially knocked the Nasdaq composite lower by 1.4% on an intraday basis. There was no specific news to account for the downdraft, but it didn’t matter. Stock market bulls won another battle as the Nasdaq pared early losses and closed with a deficit of…
Dow Jones futures and S&P 500 futures tilted higher after hours, while Nasdaq futures edged lower. Nvidia (NVDA) reported earnings and guidance with huge implications for the overall market and especially artificial intelligence plays such as Taiwan Semiconductor (TSM), Broadcom (AVGO) and Astera Labs (ALAB). Palo Alto Networks (PANW) and Snowflake (SNOW) also reported. ↑…