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The market today will focus mostly on NVIDIA (Nasdaq: NVDA). The company is down 11.5% in premarket trading and is headed to the biggest one-day market capitalization loss from any company.
Brent crude, the international benchmark, fell 3.52% to $74.73 a barrel. Gold climbed 0.62% to $2,682.1 an ounce. The 10-year Treasury yield shed four basis points to 4.03%.
The Dow Jones leads the S&P 500 and Nasdaq Composite in today's trading. What's driving its outperformance? 3M (NYSE: MMM) is up nearly 5% after reporting earnings that surpassed expectations.
Stock market today: Stocks notch worst weekly decline since March 2023 after August jobs report. ... while the Nasdaq 100 dropped nearly 6%. ... fell 1.83% to $71.36 a barrel.
Even though the Nasdaq Composite rose 85.6% and the S&P 500 Index rose 19.5% in 1999, more stocks fell in value than rose in value as investors sold stocks in slower growing companies to invest in Internet stocks. [10] On March 10, 2000, the index peaked at 5,132.52, but fell 78% from its peak by October 2002. [11]
The S&P 500 fell 16.33, or 0.4%, to 4,267.52 even though the majority of stocks within the index rose. The Dow Jones Industrial Average gained 91.74, or 0.3%, to 33,665.02, while the Nasdaq ...
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The Nasdaq composite fell 144.87 points, or 0.9%, to 15,630.78. Technology stocks were the biggest drag on the market, with chipmakers as a particularly heavy weight. Nvidia slumped 4.4%.