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S&P 500 eases slightly after hitting record above 5,100, still on track for winning week: Live updates - TL;DR CNBC

S&P 500 eases slightly after hitting record above 5,100, still on track for winning week: Live updates

Publishing timestamp: 2024-02-23 12:55:02


Summary

The S&P 500 stabilized after hitting a record high, with major indices and individual stocks experiencing gains and losses. Nvidia's strong quarterly results led to a surge in chipmaker's valuation, while other companies like Block and Carvana also saw positive movements. Analysts are cautious about chasing momentum in the market, and UBS Global Wealth Management has raised its price target for the S&P 500. Traders are adjusting expectations for interest rate cuts, and international markets like China and Korea are also seeing fluctuations.


Sentiment: MIXED

Tickers: WBDINTUAMZNAMDMRVLMETALYVBKNG.KS11.NDX.IXICMRNACDNSGOOGLPWRRIVNMSFT.SPXBLMN@SP.1NVDASTAN-GB.DJIKRW=DASHRSPDKNG.DXYMUCTRAAVGOSQ@ND.1CVNA@DJ.1

Keywords: marketsbusiness newsbloomin' brands incstock marketswarner bros discovery incnasdaq 100 fut (mar'23)coterra energy incs&p 500 indexcarvana counited statesdow jones industrial averagenasdaq compositedow jones fut (mar'23)breaking news: marketsblock incs&p 500 fut (mar'23)nvidia corp

Source: https://www.cnbc.com/2024/02/22/stock-market-today-live-updates.html


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