Nasdaq Hits Record High as Investors Focus on Earnings
Investors bet on AI leaders and lower oil prices as weaker jobs data cut expectations for a near-term Federal Reserve rate hike.
9 Articles
9 Articles
US stocks: Nasdaq gains 1% at close as investors focus on earnings
The Nasdaq Composite has hit an all-time high, driven by impressive performances from tech giants Nvidia and Microsoft. In contrast, oil prices have dipped, attributed to rising crude exports from the Middle East and backing from the Group of Seven nations. Analysts forecast a notable year-over-year increase in S&P 500 earnings, buoyed by strength in the technology sector.
Nasdaq hits record high as investors focus on earnings
The Nasdaq hit an all-time high on Monday, lifted by Nvidia and Microsoft, as investors focused on a dip in oil prices and looked ahead to quarterly earnings reports. It was the Nasdaq's second straight intraday record high after weaker-than-expected jobs data on Friday dampened expectations for an interest rate hike from the Federal Reserve at its policy meeting this month. The S&P 500 climbed and was about 0.5 percent below its intraday record…
Nasdaq Closes at All-Time high... AI Tech Stocks Strong Despite Record Highs in U.S. Treasury Yields
[Digital Daily Reporter Lee Sang-il] The three major US stock indices rose across the board on the 5th (local time). Although Treasury yields hit a new high since 2002, the Nasdaq Composite Index closed at an all-time high driven by strong performance in AI-related technology stocks. International oil prices fell for the second consecutive trading day due to increased exports of Middle Eastern crude oil and the decision by the G7 to release stra…
US stocks started the new week with a solid price increase as the big technology names pulled up and secured records for the Nasdaq as well as the Nasdaq 100.
US stocks rise, Nvidia drives Nasdaq to new record. US stock markets rose on Monday, with the technology sector driving the Nasdaq to a new record. Nvidia shares also ended the day at an all-time high, the first time since May. US Stock Exchange, Interest, Stock, Nvidia, Stock Exchange, USA, Federal Reserve, Inflation, Stock Index, Investing, Dow Jones, Standard & Poor'S 500.
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
