S&P 500 heads for a record close as Nvidia soars, investors look for rate cuts: Live updates
Publishing timestamp: 2024-06-05 13:54:37
Summary
S&P 500 rose on Wednesday, led by Nvidia, as investors hope for Federal Reserve rate cuts. Weak labor market data and strong tech stock performance contributed to the positive sentiment. Various companies, including Hewlett Packard Enterprise and CrowdStrike, reported better-than-expected results. Concerns about economic slowdown and regulatory scrutiny were also highlighted. European and Indian markets saw mixed performance, while Australia's economy grew slower than expected. China's services sector showed strong growth, while Japan's real wages continued to decline. Trading was relatively flat in after-hours, with stock futures near flatlines.
Sentiment: MIXED
Tickers: CRWD, META, 9866-HK, .DJI, GME, @SP.1, .STOXX, LULU, BF.B, @ND.1, UNDEFINED, NIO, NVDA, .BSESNTR, .FTMIB, .NSEI, .GDAXI, GOOGL, HPE, .FCHI, DLTR, .IXIC, .FTSE, .SPX, @DJ.1,
Keywords: hewlett packard enterprise co, s&p 500 fut (mar'23), s&p 500 index, business news, personnel, dow jones industrial average, nio inc, united states, dollar tree inc, nasdaq composite, alphabet inc, crowdstrike holdings inc, labor economy, markets, dow jones fut (mar'23), nvidia corp, lululemon athletica inc, economic events, nasdaq 100 fut (mar'23), breaking news: markets, meta platforms inc, stock markets,
Source: https://www.cnbc.com/2024/06/04/stock-market-today-live-updates.html