Stock market today: Indexes rise as prices for Nvidia, bitcoin and oil all climb

NEW YORK — U.S. stocks are rising after market superstar Nvidia and another round of companies said they’re making fatter profits than expected. The S&P 500 added 0.4% in early trading Thursday. The Dow Jones Industrial Average rose 123 points, and the Nasdaq composite gained 0.5%. The moves were part of a busy day for financial markets worldwide, as crude oil prices continued to rise. A barrel of U.S. crude topped $70 amid escalations in the Russia-Ukraine war.

Stephen Innes, managing partner at SPI Asset Management, said the market reaction to Nvidia’s performance was partly due to the positioning of investors before quarterly results were published. Regulators stopped short of demanding Google sell Android, but left the door open to it if the company's oversight committee continues to see evidence of misconduct.

Shares of India's Adani Enterprises plunged 23% Thursday after the U.S. charged founder Gautam Adani, 62, in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The Indian businessman and one of the world’s richest people is accused of duping investors by concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme.

Business Business Latest News, Business Business Headlines

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

Stock market today: Nvidia and Walmart drive US indexes higherNEW YORK (AP) — Nvidia and other tech companies pulled U.S. stock indexes higher after they stumbled in the morning on worries about escalations in the Russia-Ukraine war. The S&P 500 rose 0.4% Tuesday.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: US stock indexes slip ahead of presidential electionNEW YORK (AP) — U.S. stocks are slipping ahead of a momentous week full of potential flashpoints, but other markets are already moving more sharply, including a jump for oil prices and drops for Treasury yields. The S&P 500 fell 0.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street indexes edge lower as Alphabet jumps and Eli Lilly slumpsNEW YORK (AP) — U.S. stock indexes gave up an early gain and ended slightly lower following a mixed set of profit reports from giants like Google’s parent company and Eli Lilly. The S&P 500 slipped 0.3% Wednesday.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street holds steady as the countdown ticks for Nvidia's profit reportNEW YORK (AP) — U.S. stocks are quiet as Wall Street gears up for what may be the biggest event left on its calendar this year, the earnings report from superstar stock Nvidia after the close. The S&P 500 was flat in early trading Wednesday.
Source: SooToday - 🏆 8. / 85 Read more »

Nvidia results in focus as stock market’s election boost stallsSemiconductor company’s quarterly report is set to be released on Nov. 20
Source: globeandmail - 🏆 5. / 92 Read more »