(Bloomberg) — Technology stocks rebounded from Nvidia Corp.’s hasty selling after traders said the company’s results, which showed revenue doubled in the quarter, underscored the profitability of artificial intelligence. Most read by Bloomberg Nasdaq 100 index futures rose 0.3 percent after previously falling as much as 1.4 percent. S&P 500 contracts also rose and Germany’s […]
(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 […]
(Bloomberg) — After a rapid rally that brought the market close to its all-time highs, stocks have struggled to recover. Most read by Bloomberg A drop in prices interrupted the S&P 500’s longest winning streak in 20 years. In contrast to the “extremely negative momentum” during the panic selling in early August, “euphoria” has taken […]
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. […]
