The S&P 500 surged just above the flatline, notching a new closing high, while the Dow Jones increased 0.2%, or about 60 points, claiming a fresh record of its own. <\/p>\n\n\n\n
The Nasdaq Composite headed in the opposite direction, finishing down 0.3% after a blockbuster week.
Investors appeared to catch their breath after a worldwide breakout, which added about $277 billion to Nvidia’s market value for the biggest single-day gain in Wall Street history. The chipmaker’s shares continued their rise Friday, pushing the company close to a $2 trillion valuation.
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Beyond the AI frenzy, the chances of a US interest rate cut are coming back into view for the market. A parade of Federal Reserve officials underlined that cuts are coming, but not soon \u2014 though they differed on just when the shift might start.
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A solid fourth quarter earnings season is winding down, with more than one-third of reports so far beating estimates. A positive earnings forecast from Block was followed by a 16% jump in the fintech’s shares, while Carvana stock popped about 30% as investors welcomed the used-car seller’s first annual profit.
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The S&P 500 surged just above the flatline, notching a new closing high, while the Dow Jones increased 0.2%, or about 60 points, claiming a fresh record of its own. The Nasdaq Composite headed in the opposite direction, finishing down 0.3% after a blockbuster week.Investors appeared to catch their breath after a worldwide breakout, which …<\/p>\n","protected":false},"author":13,"featured_media":97277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6902,7113,6901,7891,10849,6862],"class_list":["post-97488","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-dow-jones","tag-earnings","tag-nasdaq","tag-nvidia","tag-q4-earnings","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/97488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=97488"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/97488\/revisions"}],"predecessor-version":[{"id":97497,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/97488\/revisions\/97497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/97277"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=97488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=97488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=97488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}