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: WBD, INTU, AMZN, AMD, MRVL, META, LYV, BKNG, .KS11, .NDX, .IXIC, MRNA, CDNS, GOOGL, PWR, RIVN, MSFT, .SPX, BLMN, @SP.1, NVDA, STAN-GB, .DJI, KRW=, DASH, RSP, DKNG, .DXY, MU, CTRA, AVGO, SQ, @ND.1, CVNA, @DJ.1,
Keywords: markets, business news, bloomin' brands inc, stock markets, warner bros discovery inc, nasdaq 100 fut (mar'23), coterra energy inc, s&p 500 index, carvana co, united states, dow jones industrial average, nasdaq composite, dow jones fut (mar'23), breaking news: markets, block inc, s&p 500 fut (mar'23), nvidia corp,
Source: https://www.cnbc.com/2024/02/22/stock-market-today-live-updates.html