The S&P 500 closed higher on Wednesday for the ninth time in the past 10 sessions, with defensive and value stocks taking their turns to lead the gains after data showed U.S. private payrolls expanded last month, but at a much slower pace than expected.
The S&P 500 closed higher on Wednesday for the ninth time in the past 10 sessions, with defensive and value stocks taking their turns to lead the gains after data showed U.S. private payrolls expanded last month, but at a much slower pace than expected.
What happened
NVIDIA (NASDAQ: NVDA) delivered robust operating results when it reported its fiscal second-quarter earnings on Aug. 19. Investors loved it, sending the stock up 26% for the month, according to data provided by S&P Global Market Intelligence.
The S&P 500 rose on Wednesday for the ninth time in the past 10 sessions although defensive sectors took their turn to lead the gains after data showed U.S. private payrolls expanded last month, but at a much slower pace than expected.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions although defensive sectors took their turn to lead the charge after data showed U.S. private payrolls expanded last month, but at a slower-than-expected pace.
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.
Investors in NVIDIA Corp (Symbol: NVDA) saw new options become available this week, for the March 2021 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 198 days until expiration the newly available c
In early trading on Wednesday, shares of NVIDIA topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.5%. Year to date, NVIDIA registers a 143.1% gain.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Stock splits -- when a company increases or decreases its share count without changing its overall value -- clearly do nothing to change what a company does or its intrinsic value for investors. But splits can definitely have a short-term effect on stock prices. Apple (NASDAQ: A
Stock splits -- when a company increases or decreases its share count without changing its overall value -- clearly do nothing to change what a company does or its intrinsic value for investors. But splits can definitely have a short-term effect on stock prices. Apple (NASDAQ: A
Wall Street's main indexes were set to open higher on Wednesday with the S&P 500 and Nasdaq eyeing new highs, as demand for technology stocks overshadowed data showing a smaller-than-expected increase in U.S. private payrolls last month.
S&P 500 futures rose on Wednesday for the ninth time in past ten sessions helped by a rally in tech stocks, as focus turns to economic data that is likely to show a jump in private jobs in August.
Nvidia Corp on Tuesday announced a series of powerful gaming chips it designed using new memory tech from Micron Technology Inc and that it is having manufactured by Samsung Electronics Co Ltd.
Reuters
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