Dow jumps 200 points, Nasdaq gains 1% as Nvidia, tech shares resume rally: Live updates
Publishing timestamp: 2024-03-12 13:54:33
Summary
Stocks jumped after U.S. inflation data met expectations, allowing investors to buy tech names like Nvidia and Meta. Oracle surged after beating earnings estimates. Southwest Airlines reevaluated guidance due to Boeing delays. Grayscale filed for lower-fee bitcoin ETF. Bank of America raised S&P 500 earnings estimate. JPMorgan predicts sharp market moves based on CPI report. Xiaomi surged on electric vehicle news. Japan's bond yields hit 13-year high. JPMorgan CEO sees stock market bubble. Oracle shares rose in after-hours trading after strong earnings.
Sentiment: MIXED
Tickers: MSFT, @LCO.1, AAPL, GOOGL, ONDS, @DJ.1, BBWI, .HSI, LUV, JP2Y-JP, @ND.1, NVDA, JP10Y-JP, 1810-HK, MAR, @CL.1, KSS, CMG, BA, META, .SPX, @SP.1, ORCL, AMZN, NOW, .IXIC, BTC.CM=, LULU, ABNB, HPE, BBY, MMM, IBM, .DJI,
Keywords: oracle corp, s&p 500 index, s&p 500 fut (mar'23), nasdaq composite, dow jones fut (mar'23), nasdaq 100 fut (mar'23), nvidia corp, microsoft corp, meta platforms inc, apple inc, breaking news: markets, business news, alphabet inc, breaking news: major, united states, stock markets, markets, dow jones industrial average,
Source: https://www.cnbc.com/2024/03/11/stock-market-today-live-updates.html