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The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
Nvidia shares lost more than 1%, while Adobe stock fell almost 14% on a worse-than-expected revenue outlook. Tesla shares dropped 1.5% and climbing to record highs in the previous session.
Indexes closed lower on Tuesday, led by a slide in tech stocks. The Nasdaq dropped almost 2%, while the Dow lost more than 150 points. Data showed strong growth in the services sector last month ...
The S&P 500 rose 0.4% following healthy gains for stock markets across much of Europe and Asia. The Dow Jones Industrial Average dipped 125 points, or 0.3%, and the Nasdaq composite gained 0.5%.
The S&P 500 and Dow erased earlier losses to close higher. Investors are eyeing fourth-quarter earnings as a potential catalyst to spark a rebound in the stock market.
NVIDIA ended 2024 trading at $134.29, which means that the stock is already up more than 10% as we begin the third trading day of the new year. Let's check in on today's major stories. NVIDIA and ...
US stocks were mixed on Monday, with tech shares tumbling while the Dow hit a record high. Markets are eyeing Nvidia's upcoming earnings report as crucial for assessing the strength of the AI trade.
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets eyeing another rate cut.