S&P 500 rises, heads for another record close as Nvidia leads tech higher: Live updates
Publishing timestamp: 2024-05-20 13:45:47
Summary
Stocks were higher on Monday, with tech gains pushing the S&P 500 towards another record day. Nvidia's upcoming earnings are expected to be strong, leading to bullish sentiment. JPMorgan Chase CEO hinted at stepping down soon. Target announced price cuts on 5000 items. Hims & Hers Health, Wix.com, and Norwegian Cruise Line saw significant gains. Precious and base metals hit record highs. Bitcoin predicted to reach $100,000. Natural gas prices surged. U.S. stocks started the day flat. European stocks had a cautious start. Taiwan's new president was sworn in. Chinese property developers in Hong Kong saw declines. China's central bank left loan prime rates unchanged. Earnings reports to watch this week. Stock futures traded near flat on Sunday night.
Sentiment: MIXED
Tickers: WDAY, TJX, SPR, BAH, @NG.1, 960-HK, MU, TGT, CRGY, KLAC, 3380-HK, @ND.1, 884-HK, RADA-IL, TDG, INTU, NCLH, WIX, RL, PANW, M, AMAT, NVDA, BWXT, .SPX, HWM, @DJ.1, @SP.1, 2202-HK, .IXIC, .RUT, ADI, TGI, AZO, AAPL, LOW, WDS, JCI, BA, ITA, HIMS, BTC.CM=, .DJI,
Keywords: s&p 500 index, business news, united states, nasdaq 100 fut (mar'23), breaking news: markets, jerome powell, nasdaq composite, target corp, markets, ralph lauren corp, nvidia corp, dow jones fut (mar'23), autozone inc, stock markets, dow jones industrial average, earnings, johnson controls international plc, s&p 500 fut (mar'23), palo alto networks inc, intuit inc, analog devices inc,
Source: https://www.cnbc.com/2024/05/19/stock-market-today-live-updates.html