Shares of NVIDIA Corp. fell 2.77% as the stock market experienced a poor trading session, with the S&P 500 Index dropping 0.28% and the Dow Jones Industrial Average falling 0.51%.
The Dow Jones Industrial Average fell after a surprise drop in initial jobless claims, while tech stocks, such as Nvidia, saw gains due to strong earnings results.
Investors with short positions on Nvidia lost $826 million as the chipmaker's shares surged following a strong revenue forecast, resulting in total paper losses of $11.36 billion for this year.
Summary: The Dow Jones Industrial Average and other stock indexes experienced significant declines as market attention shifted to the upcoming speech by Fed Chair Jerome Powell at the Jackson Hole Economic Symposium, while Nvidia's gains were nearly wiped out after strong earnings and Tesla CEO Elon Musk issued a warning regarding the Cybertruck, although Box, NOV, and Automatic Data Processing showed strength.
The Dow Jones Industrial Average rose as 3M (MMM) surged on legal news, while Nvidia (NVDA) reversed higher alongside other chip stocks, and Cathie Wood invested in a stock that recently gained 124% after a breakout.
Dow Jones futures and key economic data, including the Case-Shiller Home Price Index, FHFA Price Index, consumer confidence numbers, and the July JOLTS report, are impacting the stock market today. Additionally, several software stocks and companies like Best Buy, BYD, Nio, and Pinduoduo are making moves in earnings.
The Dow Jones Industrial Average rose 0.6% after weak economic data suggested a decline in the job market and consumer confidence, while the Nasdaq led with a 1.6% gain.
Dow Jones futures are up 150 points as August comes to a close, while key inflation data, including the Fed's preferred inflation indicator, is released, revealing personal income and outlays, jobless claims, and earnings updates from companies like Salesforce, CrowdStrike, Dollar General, Okta, and Veeva Systems.
The Dow Jones Industrial Average fell after weak economic data from China, while U.S. oil prices rose and Tesla's stock gained due to increased sales in China.
The Dow Jones Industrial Average fell 0.6% as major indexes tested their 50-day lines, while the S&P 500 and Nasdaq both experienced declines midday.
The Dow Jones sinks over 300 points as a tech selloff occurs due to investor fears of more Fed rate hikes, with Apple, Tesla, and Nvidia all experiencing significant declines.
Dow Jones futures and other stock market futures dropped as the market headed for a losing week, with Cathie Wood's Ark Invest ETFs selling shares of Nvidia; key earnings movers include DocuSign, RH, Guidewire Software, and Kroger, with varying stock performance.
Dow Jones futures open with the stock market rally weakening and major indexes falling below their 50-day lines, but there is potential for change with upcoming events such as Apple's product unveiling, Oracle's earnings release, and the August CPI inflation report. Additionally, Tesla, Roku, and Shopify are among the Cathie Wood holdings near buy points.
The Dow Jones Industrial Average dropped due to disappointing earnings from Oracle, while attention will shift to key inflation data, including the Consumer Price Index and the Producer Price Index, later this week.
The Dow Jones Industrial Average rose after the release of key inflation data and initial unemployment claims, while Cathie Wood's Ark Invest sold a significant number of Tesla shares.
India's benchmark stock indexes fell as investors reacted to economic developments in China and awaited policy decisions from major central banks, including the U.S. Federal Reserve. The Nifty 50 fell 0.09% and the Sensex lost 0.16%, potentially ending an 11-day winning streak.
The Dow Jones Industrial Average fell on Friday following a stock market sell-off, while Cathie Wood's Ark Invest ETFs purchased more than one million shares of Palantir stock and Seagen surged on positive trial results for a combination drug to treat advanced bladder cancer.
The Dow Jones dropped over 250 points as key housing data was released, while DraftKings saw a rise following an analyst upgrade.
The Dow drops 300 points as economic uncertainty weighs on the market, with the S&P Case-Shiller index showing home prices rising, indicating an increased likelihood of high interest rates.
The Dow Jones Industrial Average dropped 150 points as the U.S. government averted a shutdown, while Tesla stock declined due to weaker-than-expected third-quarter deliveries.
The Dow Jones Industrial Average is on track to erase all of its 2023 gains as it drops over 400 points, or 1.4%, and bond yields spike following strong labor data indicating a resilient job market.
The Dow Jones Industrial Average and other indexes took a major hit in the stock market, with the Dow falling more than 500 points and the Nasdaq and S&P 500 also experiencing significant losses, as the cost of borrowing money increased and the yield on the Treasury 10-year bond reached a 16-year high.
The stock market declined as the Dow lost 430 points and the Nasdaq lost 248 points, with the overall market being negatively affected by a higher 10-year bond yield and robust labor force data, while political turmoil in the House of Representatives and the possibility of a government shutdown added to the market's uncertainty.
The Dow Jones Industrial Average fell after a rise in initial jobless claims, while Rivian stock plummeted following the announcement of a debt offering.
The Dow Jones Industrial Average rallied as investors shrugged off geopolitical concerns related to Israel's offensive against Hamas, with defense stocks and energy stocks performing well.
The Dow Jones Industrial Average gained 0.4% in the final hour of trading, underperforming other major indexes due to a rally fading towards the end of the session, while long-term interest rates dropped and stock turnover increased.
The Dow Jones Industrial Average rose after the release of a key inflation gauge and ahead of a Federal Reserve report, while shares of Nvidia rallied after a price target increase.
Dow Jones futures dropped after stronger-than-expected retail sales data, while Tesla stock fell due to a recall of Model X vehicles, and key earnings reports were released for Bank of America, Goldman Sachs, Johnson & Johnson, and Lockheed Martin.
The Dow Jones Industrial Average fell 1% due to higher Treasury yields, while the Federal Reserve reported little change in the economy over the past six weeks.
The Dow Jones Industrial Average rose following positive unemployment claims data, while Tesla stock dropped after missing earnings and revenue expectations and issuing a warning about the challenges of reaching volume production with the Cybertruck; on the other hand, Netflix surged on strong results.
The Dow Jones Industrial Average fell after Federal Reserve Chair Jerome Powell spoke on inflation and interest rates, while Netflix stock surged on strong earnings and Tesla stock dropped after Elon Musk's warning about the Cybertruck. Microsoft, HealthEquity, Vistra, and Cencora also had notable movements.
The Dow Jones Industrial Average extended its losses due to Thursday's stock market sell-off, SolarEdge Technologies plunged after warning of weak European demand, and Tesla stock continued to slide, testing a key level. Meanwhile, American Express, Intuitive Surgical, and SLB were key earnings movers, with AXP stock slipping 3.5% and Intuitive Surgical shares tumbling nearly 4%.
The Dow Jones Industrial Average rose 275 points on Tuesday after the release of positive economic data, while tech giants Alphabet and Microsoft prepared to report their earnings after market close.
The Dow Jones Industrial Average ends a four-day losing streak as investors focus on strong earnings from companies like Coca-Cola and Verizon, while Microsoft and Alphabet also report positive quarterly results.
The Dow Jones Industrial Average and other stock market indexes experienced a sell-off, with the Dow falling 0.1% and the S&P 500 and Nasdaq also declining. Additionally, the small-cap Russell 2000 rebounded, while various stocks, including Apple, Microsoft, Meta Platforms, and Align Technology, experienced mixed performance.
The Dow Jones Industrial Average dropped due to key inflation data, while Amazon's stock surged on strong earnings results.
