This coming Sunday, May 26, will mark the 128th “birthday” for Wall Street’s most iconic stock index, the Dow Jones Industrial Average (DJINDICES: ^DJI). When the Dow was first introduced in 1896, it was comprised of 12 predominantly industrial companies. Today, it’s a mix of 30 time-tested, multinational businesses from an assortment of sectors and […]
Photo by TIMOTHY A. CLARY/AFP via Getty Images) The Dow fell more than 600 points on Thursday, marking its worst day of 2024. Nvidia’s solid earnings and guidance boosted its stock but the broader market saw a sharp dip. Rate cuts bets faded after services and manufacturing data pointed to still-sticky inflation. US stocks closed […]
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. Deckers and Intuit headlined key earnings after an ugly day for the stock market.
By Medha Singh and Lewis Krauskopf NEW YORK (Reuters) – Nvidia’s plan to split its stock after the stunning rise in the chipmaker’s share price could lure more interest from retail investors while potentially paving the way for the company’s inclusion in the Dow Jones Industrial Average. Nvidia shares were soaring 10% on Thursday afternoon […]
The Justice Department is widening its antitrust crackdown as it goes after Live Nation (LYV), filing a lawsuit Thursday that seeks a breakup of the entertainment giant. US prosecutors and a group of states argue that Live Nation used its Ticketmaster ticketing monopoly to suppress competition. The lawsuit follows a two-year investigation into the company. […]
The Dow tumbled by more than 600 points Thursday afternoon as all three major indexes moved lower, even after AI-darling Nvidia delivered stellar quarterly earnings and announced a 10-for-1 stock split. Chipmaker Nvidia (NVDA) soared more than 8% as the wider market dropped lower, highlighting a lack of market breadth. Boeing (BA) weighed on markets […]
Stocks fell further following the release of meeting minutes from the Federal Open Market Committee’s recent meeting. Markets are worried about rate hikes once again. The Dow Jones Industrial Average was down 300 points, or 0.7%. The S&P 500 was down 0.6%. The Nasdaq Composite was down 0.6%. Stocks were falling in the lead up […]
Worries about interest rates cast a cloud over the rally fueled by Nvidia earnings. The Dow was down 503 points, or 1.3%. The S&P 500 was down 0.4%. The Nasdaq Composite was up 0.1%. The Nasdaq was on track for a record close before pulling back. The last time it marked such a milestone on […]
Stocks weakened in afternoon trading Thursday as Nvidia (NVDA) held gains but related stocks faded. Meanwhile, Live Nation Entertainment (LYV) toppled on an antitrust action. X The Dow Jones Industrial Average increased its loss to 1.4%, down about 540 points in afternoon trading. The blue chip index fell further below the 40,000 level it topped […]
Dow Jones futures rose Thursday morning, as Wall Street reacted to initial unemployment claims data from the Labor Department. Meanwhile, artificial intelligence leader Nvidia (NVDA) surged above the 1,000 price level on the stock market today after the company’s blowout earnings. X Prior to the opening bell, Dow Jones futures gained 0.2% vs. fair value, […]
Dow Jones futures edged lower after hours, but S&P 500 futures and Nasdaq futures rose as Nvidia (NVDA) jumped on earnings. X The stock market rally retreated slightly heading into Nvidia’s results, in part due to somewhat-hawkish Fed minutes from the April 30-May 1 policy meeting. Many consumer and commodity names sold off as well. […]
Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures, with investors looking ahead to Nvidia (NVDA). X The stock market rally was quiet Tuesday, with the major indexes nudging higher and the Nasdaq setting a record high heading into Nvidia’s Wednesday night report. The tech titan’s earnings and guidance will […]