Stock market is ‘catching a bid’ from NVIDIA
Digest more
If the market pullback has you queasy, consider it an opportunity to take stock of your investments. Retirees have less wiggle room to weather volatility than younger investors, and it’s important to make sure your portfolio can withstand the bumps.
AI pioneer Nvidia was again the heaviest weight on the market. The chipmaker's drop of 3.2% brought its loss for the month to nearly 11%, putting it in "correction" territory, or when a stock falls at least 10% from its previous high. The company is scheduled to report is third-quarter financial results on Wednesday.
2don MSN
Is a Stock Market Crash Coming? 3 Simple Moves to Make Right Now to Protect Your Investments
The tides of investor sentiment seem to be shifting, with more investors feeling pessimistic about the future. Just under 50% of U.S. investors are "bearish" about the next six months, according to the most recent weekly survey from the American Association of Individual Investors, with only around 32% feeling "bullish."
Tech stocks were getting snapped up early Thursday by investors after Nvidia Corp's earnings gave the AI trade its groove back. Nvidia shares were up more than 4% in early trade, while the S&P 500's tech sector was 2.
1don MSN
How did the stock market close today? Top Stock movers: GE Vernova, Block, DoorDash, and Plug Power
GE Vernova, the spinoff energy business of General Electric, announced its first onshore wind repower upgrade outside the United States on Wednesday, November 19. The company’s stock rose 7.3% intraday, bringing its year-to-date gain to 80%, continuing its upward trend after hours.
2don MSN
The Stock Market Flashes a Warning as Investors Get Bad News About President Trump's Tariffs
President Trump's tariffs have coincided with contraction across the manufacturing sector and a sharp deterioration in consumer sentiment.
The Stock Act of 2012 prohibits members of Congress from trading on insider information. But its critics say the law is largely toothless. It requires members to disclose their and their families’ trades within 45 days, but lawmakers who have been investigated have largely been let off because its standards for insider trading are extremely high.
Nvidia reported more eye-catching numbers for its fiscal third quarter Wednesday, with net income jumping 65% and revenue increasing 62% from a year earlier.
Feedback