Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » S&P 500, Dow, Nasdaq edge higher with JOLTS jobs data on deck
    Cryptocurrency News

    S&P 500, Dow, Nasdaq edge higher with JOLTS jobs data on deck

    userBy userJanuary 7, 2025No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    US stocks held steady on Tuesday as cautious investors weighed Nvidia’s (NVDA) big AI plans and puzzled over tariff prospects, with fresh jobs data on deck.

    The benchmark S&P 500 (^GSPC) inched up 0.3%, holding near tech-fueled prior-session gains. The Dow Jones Industrial Average (^DJI) also rose 0.3%, while those on the tech-heavy Nasdaq Composite (^IXIC) added around 0.2%.

    Buzz around Nvidia CEO Jensen Huang’s CES keynote is providing a bright spot for markets used to moving tentatively amid uncertainty around policy from the incoming Trump administration.

    Shares in Nvidia rose around 2% in early trade, coming off hitting a record high close, after Huang revealed a new AI superchip among other planned products. Chip stocks extended their rally in its wake, with Micron Technology (MU) up about 4% and Asia names making gains.

    At the same time, the watch is on for more clarity around Donald Trump’s tariff agenda. The president-elect on Monday denied a Washington Post report that his team is considering more targeted measures — which would be more promising for global growth. The dollar (DX-Y.NYB) continued to come under pressure, having sunk to one-week lows.

    An update on JOLTS job openings in November later in the day will feed into the debate over the path of interest rates, as well as setting the stage for Friday’s all-important December jobs report. In recent days, Fed officials have signaled they would take a more gradual approach to cuts, given resilience in the jobs market and persistent inflation.

    LIVE 3 updates

    • Stocks open higher

      US stocks edged higher on Tuesday, with Nvidia (NVDA) once again lifting market sentiment.

      The benchmark S&P 500 (^GSPC) inched up 0.3%, holding near tech-fueled prior-session gains. The Dow Jones Industrial Average (^DJI) also rose 0.3%, while those on the tech-heavy Nasdaq Composite (^IXIC) added around 0.2%.

    • Laura Bratton

      Nvidia rallies after CEO unveils AI superchip, robotics tech at CES

      Nvidia (NVDA) stock rose as much as 2.5% in premarket trading following CEO Jensen Huang’s keynote at the tech industry’s annual CES trade show in Las Vegas late Monday.

      Huang’s presentation gave a flurry of updates on upcoming Nvidia products that preview what’s next in the burgeoning artificial intelligence market and other emerging technologies.

      Nvidia shares closed at a record high of $149.43 Monday ahead of Huang’s keynote — eclipsing its prior record close of $148.88 reached back on Nov. 7.

      Read more here.

    • Good morning. Here’s what’s happening today.



    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleIs It Time to Add a Bond Ladder to My Investment Playbook?
    Next Article Arcutis stock soars to 52-week high, hits $15.85 amid robust gains By Investing.com
    user
    • Website

    Related Posts

    What Does It Mean to Be Risk Neutral as an Investor?

    January 18, 2025

    SLB boosts dividend and buybacks, but warns of oil oversupply

    January 17, 2025

    Intel Stock Soars as Takeover Speculation Spreads

    January 17, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d