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Nvidia, Tesla, Rest of Mag 7 Lift Stock Market Higher | Wall Street Today
The S&P 500 Index recovered from its biggest weekly slump since April, and the Nasdaq Composite Index rebounded, buoyed by gains in Nvidia, Tesla and the rest of their Magnificent Seven peers.
Market Advances Monday after Biden Steps Down From Reelection
The market climbed Monday morning. The $S&P 500 Index(.SPX.US)$ advanced -0.70%, the $Dow Jones Industrial Average(.DJI.US)$ climbed 0.11%, and the $Nasdaq Composite
S&P 500, Nasdaq Rebound, as Nvidia, Tesla and Rest of Magnificent Seven Rally
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Nvidia and Semis Follow Market Higher after Kamala Takes the Stage | Herd on Wall Street
Morning traders, Happy Monday, where the market is open and working properly following a blue screen filed Friday. Investors are pricing in the aftermath of the closest to election day step down of a presumptive nominee: Biden is out.
A Stock Market Rotation of Historic Proportions Is Taking Shape
By Karen Langley The stock market has suddenly turned upside down. The market's laggards have sprung to life in recent days, while the seemingly impervious "Magnificent Seven" group of technology
Gold market analysis: Profit-taking selling pressure led to a rapid 2% decline in gold prices from their highs.
Wang Gang, Bank of China's Guangdong Provincial Branch, said that after gold hit a historic high last week, it began to experience rapid decline from profit taking pressure, ahead of the weekend. Bart Melek, head of commodity strategy at TD Securities, said that the expectation that Trump may win the November presidential election and the almost complete digestion of the interest rate cut in September by the market will continue to support the long-term upward trend of gold. The slowdown in US economic activity will support expectations that the Federal Reserve will initiate a new round of easing after this summer, and the price of gold may rise. This week, pay attention to US PMI, GDP and PCE data.