Good morning, traders. Happy Thursday, August 29. The market is in the green, climbing higher despite a drop of 3.22% in Nvidia stock. Investors are pricing in too-high expectations for semiconductor stocks, and though the Nasdaq is 1,000 points from a record, the S&P 500 is only 30 points from an all-time high.
My name is Kevin Travers; here are stories moving on the U.S. stock market today.
$NVIDIA (NVDA.US)$  earnings came in above est...

As June arrives, a review of the first half of 2024 reveals that the U.S. stock market has been on a remarkable upward trajectory. By June 17, both the $NASDAQ 100 Index (.NDX.US)$ and $S&P 500 Index (.SPX.US)$ had repeatedly set new all-time highs, while the $Dow Jones Industrial Average (.DJI.US)$ briefly surged past the 40,000-point milestone. Notably, the S&P 500 notched its 30th new high of the year just last night.
From a sector performanc...