In the US stock market, the S&P 500 and Nasdaq Composite continued to rise. Taken in January 2021 (2024 Reuters/Mike Segar)
NEW YORK (Reuters) – The U.S. stock market is based on the S&P 500.
(.SPX)opens a new taband Nasdaq Composite
(.IXIC)opens a new tabShe continued to rise and he closed the session. Semiconductor giant Nvidia
(NVDA.O)opens a new tabTech stocks led the rally as investors awaited the release of their financial results. Retail giant Walmart raises its full-year earnings forecast
(WMT.N)opens a new tabwas also purchased. 30 Dow Jones Industrial Average
(.DJI)opens a new tabit continued to decline.
The three main indexes showed that Ukraine attacked an arsenal in western
Russia on the same day with long-range surface-to-surface missiles provided by the
United States, and the Russian President announced Vladimir Putin reviewed the doctrine of nuclear use. military (national policy guidelines for nuclear deterrence). The decline came after Russian Foreign Minister Lavrov said the country would do everything possible to prevent a nuclear war.
See more Nvidia rose 4.9% ahead of its earnings announcement after the close on the 20th. By industry in the S&P 500,
information technology(.SPLRCT)opens a new tabled the rise. amazon.com
(AMZN.O)opens a new tabOther large stocks were also bought.
Timothy Chubb, chief investment officer at Girard, said, “There was a broad sense of caution regarding the situation in Ukraine today,” and noted that there was some flight in buying large stocks by high level of liquidity.
Walmart rose 3% to close at the highest level. I liked that they raised their sales and profit forecasts for the fiscal year ending in January 2025. This is the third full-year forecast revision this year.
See more A US super microcomputer that handles artificial intelligence (AI) servers.
(SMCI.O)opens a new tabsignificantly changed by 31.2%. The company announced that it has hired BDO
USA as its auditor and has submitted a plan to Nasdaq requesting an extension of the grace period to comply with listing rules.
See more Video streaming giant Netflix
(NFLX.O)opens a new tabThe stock also rose 2.9%, setting a new high for the second time since the previous day. It was announced that 108 million people watched the boxing match between Jake Paul and Mike Tyson worldwide.
Goldman Sachs’ prediction that the S&P 500 would reach 6,500 by the end of 2025 also added a positive boost.
See more Advancing issues outnumbered declining issues on the New York Stock Exchange by a 1.14-to-1 ratio. On the Nasdaq, there were also many stocks that rose by a ratio of 1.34 to 1.
The total trading volume on US exchanges was 13.94 billion shares. The smallest share of the stock was 14.24 billion for the last 20 business days.
This is a provisional value based on LSEG data. Changes from the previous day may not correspond to * the US stock market
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2024-11-19 23:07:00
#stock #market #SPNASDAQ #continues #rise #Nvidia #rises #ahead #earnings #results
What factors led to the volatility in Super MicroComputer Inc.’s stock price, and what does this imply for future investor confidence?
1. What were some of the factors that contributed to the rise in the stock market, particularly the S&P 500 and Nasdaq, on this day?
2. Can you provide more context on the significant changes observed in Super MicroComputer Inc.’s stock price and the reasons behind it?
3. How did the release of Netflix’s viewership numbers for the Jake Paul vs. Mike Tyson fight impact their stock prices?
4. What were some of the key takeaways from Goldman Sach’s prediction that the S&P 500 would reach 6,500 by the end of 2025?
5. How do you think geopolitical tensions and the ongoing conflict in Ukraine are affecting stock market fluctuations?
6. What role do earnings results and forecasts play in influencing stock prices, particularly in cases like Walmart raising its sales and profit forecasts for the fiscal year?
7. How does the ratio of advancing to declining issues and trading volume on the New York Stock Exchange and Nasdaq reflect investor sentiment on that particular day?
