11 Consumer Discretionary Stocks Moving In Friday's Intraday Session

Benzinga12:31 ET

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Trending Industry Today: Arm Holdings Leads Gains Pre-Market In NVIDIA Portfolio Stocks

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Trending Industry Today: Recursion Pharmaceuticals Leads Gains In NVIDIA Portfolio Stocks

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Express News | Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Higher Following Better-than-expected Consumer Sentiment Data. Strong Earnings From RH and Anticipated Rate Cuts May Be Lifting the Sector

BenzingaSep 13 15:48 ET

Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.

In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.

wallstreetcnSep 12 19:04 ET