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.1, COF, MPWR, MRVL, PANW, AMZN, KO, AMAT, AVGO, .SPX, SMCI, LRCX, META, .IXIC, WMT, PG, AMD, @ND.1, DIS, MSFT, HD, .DJI, DFS, @SP.1, SMH, MRK, NVDA, CAT,
Keywords: home depot inc, dow jones fut (mar'23), stock markets, palo alto networks inc, breaking news: markets, nasdaq 100 fut (mar'23), amazon.com inc, meta platforms inc, s&p 500 index, prices, capital one financial corp, united states, discover financial services, walmart inc, nvidia corp, dow jones industrial average, business news, microsoft corp, markets, s&p 500 fut (mar'23), nasdaq composite, economic events,
Source: https://www.cnbc.com/2024/02/19/stock-market-today-live-updates.html