Home » Business » Stock Market Update: Nvidia Earnings Report, Jerome Powell Speech, and Huida Stock Price Surge

Stock Market Update: Nvidia Earnings Report, Jerome Powell Speech, and Huida Stock Price Surge

NEW YORK (Reuters) – Investors are awaiting the earnings report of Nvidia, the leader in AI concept stocks, and a speech by Federal Reserve Chairman Jerome Powell at the annual meeting of central banks around the world, looking for U.S. Clues on interest rate policy, U.S. stocks were mixed today, mostly down.

Huida’s stock price hit a new high of $481.87 per share shortly after the opening, surpassing the record of $480.88 set on July 14. As the market is optimistic that Huida’s upcoming financial report will once again exceed market expectations, the stock price has rebounded from the recent low point and surged 19%.

Huida’s stock price later fell from red to black as the broader market weakened, and closed down about 2.76% to $456.68. However, investors are still optimistic about Huida’s financial report.

The Dow Jones Industrial Average fell 174.86 points, or 0.51%, to close at 34288.83 points.

The S&P index fell 12.22 points, or 0.28%, to close at 4387.55 points.

The Nasdaq index edged up 8.29 points, or 0.06%, to close at 13,505.88 points.

The Philadelphia Semiconductor Index fell 33.050 points, or 0.93%, to close at 3527.693 points. Central News Agency (Translation)

Waiting for Huida’s financial report and the Fed chairman’s talk, most of the US stocks fell

2023-08-22 21:10:31
#Waiting #Huidas #financial #report #Fed #chairmans #talk #stocks #fell

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