Nasdaq snaps 4-day losing streak, tech shares rise despite higher yields

Nasdaq snaps 4-day losing streak, tech shares rise despite higher yields

2 Hours Ago Nasdaq, S&P 500 end Monday in the green The tech-heavy Nasdaq Composite advanced Monday, gaining 206.8 points, or about 1.6%. The S&P 500 also ended Monday higher, inching up 30 points, or 0.7%. The Dow Jones Industrial Average shed nearly 37 points, or 0.1%, however. — Pia Singh 2 Hours Ago Allstate … Read more

A ‘perfect storm’ battered U.S. stocks

A ‘perfect storm’ battered U.S. stocks

Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more

Wall Street: US stock market ends high led by gains in tech stocks; Nvidia shares jump 7%

Wall Street: US stock market ends high led by gains in tech stocks; Nvidia shares jump 7%

US stock market indices ended higher on Monday led by gains in technology stocks that witnessed their best days in two weeks. The S&P 500 rallied 0.58% to end at 4,489.72 points, while the Nasdaq jumped 1.05% to 13,788.33 points. The Dow Jones Industrial Average ended 0.07% higher at 35,307.63. Rally in S&P 500 and … Read more

Markets have a new narrative

Markets have a new narrative

An oil pumpjack pulls oil from the Permian Basin oil field on March 14, 2022 in Odessa, Texas. Joe Raedle | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

There’s a new narrative in markets

There’s a new narrative in markets

Drilling rigs sit unused on a companies lot located in the Permian Basin area on March 13, 2022 in Odessa, Texas. Joe Raedle | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

Nvidia A.I.-driven rally pushed earnings multiple higher than Tesla

Nvidia A.I.-driven rally pushed earnings multiple higher than Tesla

Nvidia’s surge past $1 trillion market cap puts it alongside household names Amazon, Apple, Microsoft and Alphabet. Baked into the stock price is a slew of assumptions about growth, including quadrupling net income this year. Nvidia’s graphics chips have proven to be the best for training AI models, and the company’s forecasts show insatiable demand. … Read more