NVIDIA Stock Gives Back Gains
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The losses spread to Asia, where Japan’s Nikkei 225 index fell 1.8 per cent and South Korea’s Kospi slid 3.4 per cent on Friday morning. Hong Kong’s Hang Seng benchmark was down 1.8 per cent, and mainland China’s CSI 300 declined 1.4 per cent.
Nvidia reported quarterly results that handily topped Wall Street expectations, sending the stock sharply higher in after-hours trading.
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Wall Street shoots toward its best day since May on Nvidia's profit report and hopes for lower rates
Relief is running through Wall Street on Thursday, and the U.S. stock market is rallying toward one of its best days since the summer after it seemed to pass a couple of crucial tests. The S&P 500 shot up by 1.
The U.S. stock market swung through another unsettled day of trading, ahead of a couple of crucial tests for Wall Street.
U.S. stocks gave back early gains on Thursday, erasing a morning rally that had pushed the Nasdaq Composite above 2%. The tech focused Nasdaq Composite (COMP:IND) was last down by 1%. At the same time,
Wall Street's main indexes were set for a higher open on Thursday as technology stocks got a boost after Nvidia's stellar results quelled some concerns around an AI bubble, while investors assessed the September jobs report.