Stock market today: Global shares mostly decline as Nvidia weighs on Wall Street

BusinessPeople walk in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Friday, June 21, 2024, in Tokyo. – Global shares were mostly lower Friday after a retreat on Wall Street, where a drop in Nvidia stock pulled stocks lower.

“We will have one more month of data before the next Bank of Japan meeting, which will be on close watch to determine if markets are getting ahead of themselves by leaning towards a potential rate hike in September this year,” said Yeap Jun Rong, market analyst at IG. China's central bank has sought to staunch weakness in the yuan by setting its value higher than expected. The yuan's parity rate was set at 7.1196 against the U.S. dollar. It was set at 7.1192 on Thursday. Traders had been expecting it to fall further.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia stock: 10 Wall Street analysts discuss earnings, outlookNvidia stock: 10 Wall Street analysts discuss earnings, outlook
Source: Investingcom - 🏆 450. / 53 Read more »

S&P 500 futures rise as Wall Street looks for Nvidia to keep leading marketStocks are coming off of a winning session on Tuesday and are on pace to end the shortened trading weak higher.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

S&P 500 futures are little changed as Wall Street looks for Nvidia to keep leading marketStocks are coming off of a winning session on Tuesday and are on pace to end the shortened trading weak higher.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

S&P 500 futures were little changed as Wall Street looks for Nvidia to keep leading marketStocks are coming off of a winning session on Tuesday and are on pace to end the shortened trading weak higher.
Source: NBCLA - 🏆 319. / 59 Read more »

Nvidia becomes Wall Street’s most valuable companyThe Santa Clara company is responsible for nearly a third of the S&P 500’s entire gain for the year through May.
Source: mercnews - 🏆 88. / 68 Read more »