News Formal

Stock market today: Most of Wall Street rises, but Nvidia tumbles again as AI mania cools

  • 📰 latimes
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 82%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Another slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed, even as the majority of stocks rallied.

Another slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed Monday, even as the majority of stocks rallied. The Standard & Poor's 500 index slipped 0.3% to pull further from its record set last week. The drops for Nvidia and other winners of Wall Street’s artificial intelligence boom pulled the Nasdaq composite down 1.1%, while the Dow Jones Industrial Average rose 0.7%.

RXO said the deal would make it North America’s third-largest provider of brokered transportation. UPS, which bought Coyote in 2015 for $1.8 billion, rose 1.5%. Under Armour swung from an early loss to a gain of 2% after saying it agreed to pay $434 million to settle charges raised by shareholders related to its accounting and sales practices.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

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

Stock market today: Global shares mostly decline as Nvidia weighs on Wall StreetGlobal shares are mostly lower after a retreat on Wall Street, where a drop in Nvidia stock pulled stocks lower.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Global shares mostly decline as Nvidia weighs on Wall StreetGlobal shares are mostly lower after a retreat on Wall Street, where a drop in Nvidia stock pulled stocks lower. U.S. futures and oil prices fell. The Japanese government reported that the inflation rate ticked higher for the first time in three months, to 2.5% in May, up from 2.2% in April.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Global shares mostly decline as Nvidia weighs on Wall StreetGlobal shares are mostly lower after a retreat on Wall Street, where a drop in Nvidia stock pulled stocks lower.
Source: wjxt4 - 🏆 246. / 63 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 »