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Tag: basis points

S&P 500 halves decline ahead of Nvidia results: Markets Wrap

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S&P 500 halves decline ahead of Nvidia results: Markets Wrap

(Bloomberg) — Ahead of highly anticipated results from Nvidia Corp., the last of the Magnificent Seven, renewed volatility gripped stock prices. Most read by Bloomberg Losses led the tech sector in another low-volume session that saw the S&P 500 headed – at times – for its biggest drop since the Aug. 5 collapse. The index […]

S&P 500 sees its best day since 2022 as stocks rise after encouraging jobs data

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S&P 500 sees its best day since 2022 as stocks rise after encouraging jobs data

Julia La Roche for Business Insider US stock indices rose sharply on Thursday as new jobless claims data boosted investor confidence. The Dow gained 683 points, while the S&P 500 and Nasdaq rose 2.3 percent and 32.8 percent, respectively. The S&P 500 had its best day since 2022, recouping losses from Monday’s big sell-off. U.S. […]