Stock Market Today: Nvidia Shares Rise Ahead of Earnings
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The S&P 500 is tracking toward its worst November since 2008 amid mounting concerns over an AI-fueled "bubble" that not even Nvidia and its CEO, Jensen Huang, could allay after it
AI pioneer Nvidia was again the heaviest weight on the market. The chipmaker's drop of 3.2% brought its loss for the month to nearly 11%, putting it in "correction" territory, or when a stock falls at least 10% from its previous high. The company is scheduled to report is third-quarter financial results on Wednesday.
If the market pullback has you queasy, consider it an opportunity to take stock of your investments. Retirees have less wiggle room to weather volatility than younger investors, and it’s important to make sure your portfolio can withstand the bumps.
The U.S. stock market appeared geared up for a rebound after Nvidia’s stronger-than-expected earnings report after th
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How did the stock market close today? Top Stock movers: GE Vernova, Block, DoorDash, and Plug Power
GE Vernova, the spinoff energy business of General Electric, announced its first onshore wind repower upgrade outside the United States on Wednesday, November 19. The company’s stock rose 7.3% intraday, bringing its year-to-date gain to 80%, continuing its upward trend after hours.
The stock market’s fear gauge spiked to its highest levels in a month. The CBOE Volatility Index, or VIX, surged as high as 28.27 on Thursday, which was its highest intraday level since Oct. 17. It later pulled back to 26.
The S&P 500, a broad measure of stocks, gained 1.5% as trading opened. The tech-heavy Nasdaq jumped 2%, but later backed down slightly from its high. The Dow Jones Industrial Average rallied 600 points, around 0.8%.
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Is a Stock Market Crash Coming? 3 Simple Moves to Make Right Now to Protect Your Investments
The tides of investor sentiment seem to be shifting, with more investors feeling pessimistic about the future. Just under 50% of U.S. investors are "bearish" about the next six months, according to the most recent weekly survey from the American Association of Individual Investors, with only around 32% feeling "bullish."
US stocks were hammered on Thursday as an abrupt midday reversal in markets followed a blockbuster earnings report from Nvidia and the release of the long-delayed September jobs r