Biggest Rate Cut Stock Winners: Apple, Nvidia Rally $250 Billion, Other Rate-Sensitive Names Rake It In
A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500’s biggest gainer Thursday.
NVIDIA Corp. stock rises Thursday, outperforms market
Shares of NVIDIA Corp. NVDA rallied 3.97% to $117.87 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.70% to 5,713.64 and the Dow Jones Industrial Average DJIA rising 1.26% to 42,025.19. The stock's rise snapped a four-day losing streak.
Dow jumps to another all-time high day after Fed delivers big rate cut
Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.
Fed's rate cut sparks rally in chip stocks
Tom Lee, Fundstrat Global Advisors co-founder and head of research, joins CNBC's 'Power Lunch' to discuss how the Fed's rate cut decision may impact markets over the next few months, how investors should position themselves,
Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.
Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.
Dow closes at all-time high as stocks jump ahead of crucial Fed rate decision
Markets have been in a bull run since the start of this year on expectations the Fed would kick off its monetary policy easing cycle soon.
Why Nvidia Stock Jumped After the Big Fed Rate Cut
Interest rate cuts help growing businesses access cheaper capital. Nvidia's growth has been astounding, but CEO Jensen Huang thinks it's just the beginning. He sees AI transitioning from an industry of tools to one of skills.
NVIDIA Corp. stock falls Wednesday, underperforms market
Shares of NVIDIA Corp. NVDA slipped 1.92% to $113.37 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.29% to 5,618.26 and Dow Jones Industrial Average DJIA falling 0.
Nvidia Stock Rises. Why Fed’s Jumbo Rate Cut Is Boosting Shares.
The central bank's decision to slash borrowing costs by 50 basis points is easing concerns about the economy. That could lift the AI trade.
Nvidia Stock Has 41% Upside, According to 1 Wall Street Analyst
William Blair initiated coverage of Nvidia with an outperform rating. Analyst Sebastien Naji thinks investors are not accurately pricing in Nvidia's total addressable market. In doing so, Nvidia has reached a nosebleed valuation and now trades at 40 times forward earnings.
Nvidia, AMD stocks lead tech rally after Fed rate cut
AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable, 50 basis point interest rate cut.
Dow’s Lack of AI Stocks Puts Blue-Chip Index ‘Behind the Curve’
The rise of artificial intelligence has reordered the American stock market, pushing the likes of Nvidia Corp. and other ...
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Dow Jones Futures: Meta, Apple, Tesla Lead Buys As Stock Market Soars. Pay Attention To This Big Shift.
Dow Jones futures edged lower, along with S&P 500 futures and Nasdaq futures. Nike and FedEx were big movers overnight on ...
Intel Is Probably Getting Kicked Out of the Dow, but Nvidia May Not Be Its Logical Replacement
Even though Intel's days as a Dow component are likely numbered, and Nvidia has leapfrogged Intel in the innovation ...
Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
The Dow closed 522 points, or 1.3%, higher, reaching a new record after passing the 42,000 level for the first time. The S&P ...
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Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
The S&P 500 jumped 1.7% for one of its best days of the year and topped its last all-time high set in July. The Dow Jones ...
Prediction: Nvidia Will Replace Intel in the Dow Jones Index
With Intel reeling, there are rumors that its days in the Dow Jones Index are numbered. The logical replacement would be ...
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Stock Market Today: Dow, S&P 500 in record territory after Fed's big rate cut
according to Dow Jones Market Data. It also would be its third-largest such gain in history. The biggest gain of the group ...
Dow closes at an all-time high after recouping its losses from early September
It happened around 10:15 p.m. when officers were responding to calls of a person with a gun in the 7100 block of South ...
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Dow Jones At Record High As Nasdaq Rallies 2.6%; Nvidia Clears Trendline Entry As Tesla Jumps (Live Coverage)
Dow Jones stocks jumped more than 400 points after the Fed cut rates by 50 basis points Wednesday. Nvidia soared past a key ...