HomeAbout

TL;DR CNBC


S&P 500 and Nasdaq fall to start the week, Nvidia leads tech decline: Live updates - TL;DR CNBC

S&P 500 and Nasdaq fall to start the week, Nvidia leads tech decline: Live updates

Publishing timestamp: 2024-02-20 12:45:13


Summary

Stocks fell as Nvidia led a broader tech decline ahead of its earnings report. Financial stocks were also in view following the announcement of Capital One's acquisition of Discover Financial Services. Walmart announced it will acquire Vizio, leading to a rise in shares of Vizio. The Conference Board's Leading Economic Index dropped more than expected in January. Semiconductor stocks dropped, with Nvidia, Advanced Micro Devices, and Applied Materials all shedding about 5%. Home Depot reported better-than-expected earnings and revenue for the fourth quarter. Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal.


Sentiment: MIXED

Tickers: @DJ.1COFMPWRMRVLPANWAMZNKOAMATAVGO.SPXSMCILRCXMETA.IXICWMTPGAMD@ND.1DISMSFTHD.DJIDFS@SP.1SMHMRKNVDACAT

Keywords: home depot incdow jones fut (mar'23)stock marketspalo alto networks incbreaking news: marketsnasdaq 100 fut (mar'23)amazon.com incmeta platforms incs&p 500 indexpricescapital one financial corpunited statesdiscover financial serviceswalmart incnvidia corpdow jones industrial averagebusiness newsmicrosoft corpmarketss&p 500 fut (mar'23)nasdaq compositeeconomic events

Source: https://www.cnbc.com/2024/02/19/stock-market-today-live-updates.html


Developed by Leo Phan