S&P 500 is little changed as traders look ahead to jobs report: Live updates
Publishing timestamp: 2024-06-06 13:43:27
Summary
The S&P 500 was little changed as traders awaited key U.S. economic report. Lululemon jumped 6% after beating expectations, while Five Below sank 12% on lackluster results. Nvidia cooled from record highs. Wall Street is looking ahead to Friday's nonfarm payrolls report. European Central Bank cut rates, raising pressure on Federal Reserve. Stocks are coming off winning session, with Nvidia hitting $3 trillion market valuation. Stocks making big moves midday include Five Below, Salesforce, Lululemon, Instacart, and Core Scientific. European stocks opened higher as traders anticipated ECB interest rate cut. Australian exports fell, while Foxconn reported a rise in revenue. SoftBank Group Corp surged over 5% after activist investor Elliott Management rebuilt stake. Big Tech names, including Nvidia, are taking over the rally.
Sentiment: MIXED
Tickers: UNDEFINED, @ND.1, CRM, AMZN, NVDA, AAPL, MSFT, 2317-TW, .FTMIB, .GDAXI, .FTSE, .SPX, HOOD, FIVE, RARE, .STOXX, @DJ.1, CORZQ, LULU, BTC.CM=, .IXIC, .FCHI, SJM, GOOGL, .DJI, @SP.1,
Keywords: nasdaq composite, markets, breaking news: markets, lululemon athletica inc, five below inc, united states, the jm smuckdrn, s&p 500 fut (mar'23), business news, dow jones industrial average, nasdaq 100 fut (mar'23), nvidia corp, s&p 500 index, stock markets, dow jones fut (mar'23),
Source: https://www.cnbc.com/2024/06/05/stock-market-today-live-updates.html