Dow jumps 200 points, Nasdaq pops 1% as tech shares rebound: Live updates
Publishing timestamp: 2024-03-06 12:50:34
Summary
U.S. stocks rose on Wednesday, with technology names recovering after two losing sessions. CrowdStrike and Palantir saw significant gains. Federal Reserve Chair Jerome Powell hinted at possible interest rate cuts. Tech stocks rallied, but Nordstrom and Foot Locker struggled. Regional banks faced challenges. Job openings remained steady. Gold mining stocks had a strong week. Powell expressed confidence in the economy. UBS explored parallels between today's bull market and the 1990s. Australian companies are investing in Malaysia. South Korea's inflation rate rose. Stocks ended lower on Tuesday, with tech stocks dragging down the market. Nordstrom, CrowdStrike, and Box saw significant movements in extended trading.
Sentiment: MIXED
Tickers: TRGP, JPM, @SP.1, KRE, SMCI, GDX, BOX, SWKS, MSFT, FL, .IXIC, QCOM, FCX, CRWD, CRM, COPX, .DJI, PLTR, @DJ.1, .SPX, NYCB, @ND.1, JWN, BKR, NVDA, AAPL, HPE, TSLA,
Keywords: dow jones fut (mar'23), prices, s&p 500 index, tesla inc, nordstrom inc, foot locker inc, microsoft corp, new york community bancorp inc, business news, box inc, breaking news: markets, stock markets, united states, nasdaq 100 fut (mar'23), jerome powell, palantir technologies inc, apple inc, markets, nasdaq composite, spdr s&p regional banking etf, dow jones industrial average, crowdstrike holdings inc, s&p 500 fut (mar'23),
Source: https://www.cnbc.com/2024/03/05/stock-market-today-live-updates.html