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CNBC Daily Open: S&P 500 and Nasdaq hit new heights ahead of Nvidia's earnings - TL;DR CNBC

CNBC Daily Open: S&P 500 and Nasdaq hit new heights ahead of Nvidia's earnings

Publishing timestamp: 2024-05-22 02:44:45


Summary

Wall Street reaches new highs with S&P 500 and Nasdaq Composite hitting record highs. Federal Reserve Governor does not see rate cuts necessary yet. Biden administration releases gasoline reserves. Pixar lays off employees. Asia-Pacific stocks see gains. CNBC looks at AI-related stocks reacting positively to Nvidia earnings. JPMorgan Chase CEO Jamie Dimon resists pressure for share buybacks.


Sentiment: MIXED

Tickers: TSLAGOOGLGME.STOXXNVDA

Keywords: pricesunited statesworld marketsbanksmarketsbreaking news: marketsbusiness newsinflationstoxx 600gamestop corpnvidia corpconsumer pricesalphabet inctesla inc

Source: https://www.cnbc.com/2024/05/22/cnbc-daily-open-sp-500-nasdaq-hit-new-highs-ahead-of-nvidias-earnings.html


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