Nvidia and Semis Pull Market Higher after KamalaTakes the Stage | Herd on Wall Street

$Verizon(VZ.US)$ stock traded 6% lower on Monday after it reported fiscal second-quarter results. Its sales increased 0.6% yearly to $32.8 billion, marginally missing the analyst consensus estimate of $33.1 billion. Adjusted EPS of $1.15 was in line with the analyst consensus estimate. It was the lowest teacher on the Dow Jones Industrial Average.

$CrowdStrike(CRWD.US)$ continues to fall following an 11% drubbing Friday. Wedbush says IT outage issues are still persisting in spots around the globe. Monday, the stock fell a further 0%, the lowest on the S&P 500 and Nasdaq 100.

Investors are in for an action packed earnings week, featuring $Alphabet-C(GOOG.US)$ and $Tesla(TSLA.US)$ earngins on Tuesday after the market closes, alongside $Visa(V.US)$.

$United Parcel Service(UPS.US)$ comes in Tuesday morning alongside $Coca-Cola(KO.US)$ and $GE Aerospace(GE.US)$. Wednesday is $AT&T(T.US)$ and $IBM Corp(IBM.US)$, and $ServiceNow(NOW.US)$.

$NVIDIA(NVDA.US)$ and semiconductors climbed Monday, following a major pullback last week when President Biden said he would crack down on companies that trade semiconductors to China. After Biden announced he would not run for reelection on Sunday and instead paved the way with support for VP Khamal Harris, investors are watching for new signals from what could be a Harris White House.

Monday morning, the   $S&P 500 Index(.SPX.US)$ advanced 0.98%, the     $Dow Jones Industrial Average(.DJI.US)$ climbed 0.46%, and the     $Nasdaq Composite Index(.IXIC.US)$ falling 1.51%.