S&P 500, Nasdaq new highs, Oracle earnings: Market Domination Overtime

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Julie Hyman News

Josh Lipton,Nasdaq Composite,Federal Reserve

On today's edition of Market Domination Overtime, Yahoo Finance's Julie Hyman and Josh Lipton analyze the market close and the biggest stories of the trading...

) fell by 120 points as stocks prepare for Wednesday's Consumer Price Index and the Federal Reserve's interest rate decision., as adjusted revenue came in at $14.29 billion, below the $14.57 billion expectation. However, the tech giant announced a new partnership with Google Cloud to complete the acquisition of Canadian Western Bank , a financial institution based in Alberta that serves Western Canada.

Nvidia was falling on Monday after its stock split, although two Wall Street analysts believe the chip maker’s valuation will keep climbing. Nvidia’s 10-for-1 stock split took effect after Friday’s closing bell. The company’s unveiling of new artificial-intelligence chips for the next two years, as well as commitments from major customers such as Elon Musk’s Tesla to purchases of Nvidia’s current generation of hardware have helped keep the rally going.

-- Wall Street’s most prominent trading desks from JPMorgan Chase & Co. to Citigroup Inc. are urging investors prepare for a stock market jolt this week after the latest inflation print and the Federal Reserve’s interest-rate decision, both of which arrive on Wednesday.

If you've got cash to invest in your TFSA, these two top Canadian growth stocks are some of the best businesses to consider buying today. The post TFSA: 2 Canadian Stocks to Buy and Hold for Tax-Free Gains appeared first on The Motley Fool Canada.

 

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