NVDA
NVIDIA
-- 140.140 TSLA
Tesla
-- 394.360 PLTR
Palantir
-- 69.990 RGTI
Rigetti Computing
-- 18.3900 FUBO
FuboTV
-- 5.460 
Market Sells CES Tech News, ISM Tues as Nvidia Champions Robots Monday | Live Stock
Happy Tuesday, January 7th. The market pulled back in the early morning hours, with the largest chip and tech stocks falling as investors sold the news that CES is underway. $NVIDIA (NVDA.US)$ CEO Jensen Huang announced the chip giants' first computer, discount next-gen graphics cards, and said the ChatGPT moment for robotics was nearly at hand Monday night.
His stock was leading the Dow in percentage declines Tuesday.
$Moderna (MRNA.US)$ meanwhile led the S&P 500 gainers, up 10% after the first death of a patient who contracted H5N1 bird flu in the U.S. Moderna is one of the companies developing an mRNA vaccine for the disease.
$Palantir (PLTR.US)$ was leading declines on the S&P 500, down 5% to $71/share. Shares continued to fall, trading down 5% on Monday Morgan Stanley analysts gave the stock an Underweight rating and set a price target of $60.
$FuboTV (FUBO.US)$ rallied more than 250% Monday after the company agreed to combine its business with Hulu + Live TV business, owned by $Disney (DIS.US)$. Tuesday, the stock was still up 10%.
Within industry themes tracked by moomoo, Crypto stocks were trading the lowest, below WallStreetBets and Nvidia portfolio companies, after the overnight decline of $Bitcoin (BTC.CC)$ below 100k yet again.
Elsewhere in the economy, $Crude Oil Futures(FEB5) (CLmain.US)$ continued to climb slightly, at $74/barrel. Gold and silver climbed, and treasuries climbed.
Overall, the market was down Tuesday, but the Dow was starting to show positivity.
Just past 11:25 am ET the $S&P 500 Index (.SPX.US)$ fell 0.40%, the $Dow Jones Industrial Average (.DJI.US)$ was flat, and the $Nasdaq Composite Index (.IXIC.US)$ fell 1%.
In macroeconomic releases, JOLTS job openings came in at 8M, about 300k more than estimated.
ISM Non-Manufacturing PMI climbed to 54.1, above estimates. This means input prices grew in the past month for nonmanufacturing firms tracked by ISM.
Yesterday, users reminded me that the market would close Thursday in remembrance for Jimmy Carter, the 39th President of the United States.
Traders, what do you think? What you watching on the stock market today? What is the herd following? Let me know in the comments below! $S&P 500 (LIST91326.US)$
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Kevin Travers
Moomoo News and Community Manager
Moo moo News and Community Manager, NJ Office.
Fmr CNBC contributor, reporter/investor/trader
Posts do not represent mm
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corbotron : why Jimmy Carter day? I'm Canadian and I've seen a few former presidents pass, but this is the first time im seeing a day of remembrance for one. did I just miss days for Bush senior, Ford, and Regan over the years? or is this a new thing in America to remember former leaders? don't get me wrong I like the idea I just don't remember it in the past
Buy n Die Together❤ :
Kevin Travers OP corbotron : Well I am 27 so I dont even know if I could remember the last time haha but I believe it is a tradition
corbotron Kevin Travers OP : I'm 35 so I was young at the time the last few passed, I was just probably not well informed at that time to world markets and politics. I appreciate the response, it makes sense it would be tradition. like I said, Canadian so I appreciate the info for the future
SupRatt Kevin Travers OP : Not a tradition
Kevin Travers OP SupRatt : Yeah, It is
Kevin Travers OP SupRatt : Are stock markets closed in honor of Jimmy Carter? When former president's death is observed" data-critical="truealso in 2018 2007 04 ‘00
LittleSoldier : Screw your happy Tuesday
73279472 : i
Kevin Travers OP LittleSoldier : what's wrong, nvidia down and banks up?
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