Nasdaq, Nvidia and Stock Market
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This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here. Happy Monday. This is TheStreet’s Stock Market Today for Nov.
The S&P 500 fluctuated significantly on Friday, erasing some of the early gain as major technology stocks, including NVIDIA Corp., came under fresh pressure
Stocks finish mostly lower even after the Fed cut interest rates and said it will stop shrinking its balance sheet on Dec. 1. Separately, investors are preparing for earnings from three of the Mag 7 mega-cap stocks after the close.
OLMA stock surged 197% after Roche’s SERD breakthrough, signaling investor conviction in the future of ER-positive breast cancer therapies.
The Dow Jones Industrial Average benefited from this trade, rising 0.7% to a record high of 48,225.07 points on Wednesday. The NASDAQ Composite fell 0.3% to 23,406.46 points, while the S&P 500 rose marginally to 6,851.01 points.
Investing.com -- The S&P 500 closed slightly lower Friday, but well off the lows of the session as investors bought the dip in AI-related stocks to spark a turnaround in tech and shrugged off concerns about waning odds of a December rate cut.
Paisalo Digital's stock rebounded over 3% to ₹33.59 after announcing a fund-raising proposal via Non-Convertible Debentures. The company recently reported a 13.5% rise in Q2 net profit to ₹52 crore, despite a 21% decline over the past year.
U.S. stock futures traded higher Friday, a session after the wheels fell out of a market reacting to Nvidia's latest forecasts and surprisingly strong payrolls growth. Dow Jones Industrial Average futures rose 0.5% to 46064