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US stocks climbed higher on Monday, with a rally among chipmakers fueling the tech sector. Nvidia gained 3%, while Broadcom and Advanced Micro Devices rose 5% and 4% respectively.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
The stock rose more than 4% to close at $143.71. Analysts have been feeling bullish on the stock's prospects for further gains amid big demand for its new Blackwell chips. Bank of America was the ...
Why one firm sees the US stock market headed for a third-straight year of 20% gains in 2025. In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 2% to $73.11 a barrel.
If Treasury yields continue to rise, either stock prices need to fall or companies need to produce bigger profit growth to make up for it. All told Tuesday, the S&P 500 rose 6.69 points to 5,842.91.
The stock market will close at 1 p.m. for a shortened trading session due to Christmas Eve. US stocks were mostly higher on Tuesday led by gains in technology stocks.
Stock market today: US stocks jump ahead of crucial week of earnings and data. Matthew Fox. October 28, 2024 at 9:43 AM. Photo by Spencer Platt/Getty Images. ... The Atlanta Fed's GDPNow Tracker ...
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the ...