Stock Market Today: Dow Rises; S&P 500 and Nasdaq Fall; Fed Rate Decision; Oracle, Tesla, Nvidia, More Movers; StubHub IPO
5 Articles
5 Articles
The Fed's cut in interest rates didn't surprise anyone on Wall Street, so the reactions fail accordingly. Nasdaq and S&P-500 cannot keep their record levels from the beginning of the week. Nvidia's focus is on individual values.
The S&P 500 cedi 0.1%, to 6,600.13 units; the Nasdaq bass 0.33%, to 22,260.85; and the Dow Jones rose 0.56%, to 46,012.75 integers.
StubHub Holdings stumbles on IPO day, ending a recent hot streak for new stock listings
Shares of StubHub Holdings (NYSE: STUB) slipped in their long-awaited market debut on Wednesday, signaling an end to a recent streak of tech-focused companies whose stock prices jumped on their first day of trading. The ticket sales platform closed at $22.15 a share, down from its IPO price of $23.50 a share, which was announced by the company on Tuesday. That first-day stumble is in contrast to recent listings from design software firm Figma, c…
Stock Market Today: Dow Rises; S&P 500 and Nasdaq Fall; Fed Rate Decision; Oracle, Tesla, Nvidia, More Movers; StubHub IPO
The Dow rises while the S&P 500 and Nasdaq fall Wednesday as the stock market reacts to the Federal Reserve's latest decision on interest rates.
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