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S&P 500 and Nasdaq notch record highs as Nvidia gains – Yahoo Finance

(Reuters) – The S&P 500 and Nasdaq closed at record highs on Tuesday, helped by gains in Nvidia shares, after Federal Reserve Chairman Jerome Powell told lawmakers that further “favorable” economic data would strengthen the case for cutting interest rates. AI chipmaker Nvidia rose 2.5%, offsetting declines in other chip stocks. Microsoft fell 1.4%, while […]

Nasdaq, Elon Musk, Apple | Fox Business

Market Rebellion co-founder Pete Najarian explains the market outlook and the impact of the tech sector, and discusses the Federal Reserve’s handling of interest rates. Riding the new AI boom, technology companies have taken the lead on Wall Street. Apple is finally getting serious about its AI plans, pleasing some and frustrating others. With inflation […]

Noteworthy Tuesday Option Activity: DOCN, GME, NSC – Nasdaq

Looking at options activity on the Russell 3000 Index, Digital Ocean Holdings (symbol: DOCN) is noteworthy. A total of 7,482 contracts have traded so far today, representing approximately 748,200 shares of the underlying stock (assuming 100 shares per contract). This represents 61.8% of DOCN’s average daily trading volume of 1.2 million shares over the past […]

Texas Stock Exchange looks to challenge NYSE, Nasdaq

Wall Street giants BlackRock Inc. and Citadel Securities are pouring money into the launch of a Texas stock exchange that plans to challenge the New York-based market in an effort to attract global companies. The Dallas-based exchange, which has raised about $120 million to date, plans to file registration documents with the Securities and Exchange […]

CNBC Daily Open: Dow drops, Nvidia can't save Nasdaq – CNBC

Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. The CNBC Daily Open brings investors all the information they need to know, wherever they […]

Nasdaq closes above 17000; S&P 500 slightly higher, Dow down – Yahoo Finance

Abigail Somerville NEW YORK (Reuters) – The Nasdaq Composite Index topped 17,000 points for the first time on Tuesday, buoyed by a rise in Nvidia shares, while the S&P 500 closed modestly higher and the Dow Jones Industrial Average closed lower on rising Treasury yields. Nvidia rose 7% and other semiconductor stocks also rose as […]