Nasdaq, S&P close higher as investors await Nvidia earnings
Mon November 18, 2024 4:37 PM
The Dow spent the day on a rollercoaster swinging back and forth between a 150 point loss and a 60 point gain but closing down 55. Tech fared considerably with a steady upswing due to renewed optimism today over the coming Trump policies that are expected to be favorable to tech. But there continues the tug-of-war over the controversial cabinet picks, whether Trump’s policies will hurt the economy, and whether AI rally will sustain or begin to wane. The latter will be closely watched as investors await Nvidia Q3. Volume is still a little above average but with election euphoria declining, the gap is closing with 14.9 billion shares traded vs a 14.1 billion average.
DJ: 43,444.99 -305.87 NAS: 18,680.12
-427.53 S&P: 5,870.62
-78.55 11/15
DJ: 43,389.60 -55.39 NAS: 18,791.81 +111.69 S&P: 5,893.62 +23.00 11/18
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