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Stock market today: Nasdaq tops 20,000 for the first time as tech jumps after inflation data. Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to an all-time high.
Nvidia shares lost more than 1%, while Adobe stock fell almost 14% on a worse-than-expected revenue outlook. Tesla shares dropped 1.5% and climbing to record highs in the previous session.
Here's what else happened today: Super Micro Computer shares surge as it secures plan to avoid a Nasdaq de-listing. The S&P is heading toward 6,700 next year , BMO Capital Markets says.
Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Download the Yahoo Finance app ...
Here's where investors worried about a stock market bubble should invest their money. In commodities, bonds, and crypto: West Texas Intermediate crude oil was up 1.88% to $69.98 a barrel.
Indexes were mixed Tuesday as investors prepared for this week's key inflation report. Bank of America expects the upcoming CPI report to be more important than markets may believe.
The stock climbed roughly 6% to end the trading day. Shares of Silvergate Capital Corporation ( SI ), which soared as much as than 90% on elevated trading volume, closing the day up 52%. Alexandra ...
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