US stocks held near record highs on Tuesday, as Nvidia surpassed Microsoft to become the most valuable public company. Both the S&P 500 and Nasdaq Composite climbed in afternoon trading, up about 0.3% and 0.2%, respectively, after the benchmark index secured its 30th record close of 2024 while the tech-heavy Nasdaq aims to build on a sixth straight record close. The Dow Jones Industrial Average also moved higher, up roughly 0.1%.
Still, it wasn't all positive news after May's retail sales numbers disappointed. Government data released on Tuesday showed that retail sales increased just 0.1%, missing economist expectations, Yahoo Finance's Josh Schafer reported. Meanwhile, April's numbers were revised to show a decline. It could be a sign of more consumer strain amid high interest rates and persistently stubborn inflation.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock market today: Nvidia inches higher as S&P 500, Nasdaq hold near recordsGrowing conviction for Fed rate cuts has buoyed megacap techs, injecting life into stocks more broadly.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »
Stock market today: S&P 500, Nasdaq hit record highs as Nvidia leads tech rallyBets on Fed rate cuts are tentatively rising as investors weigh signs of a softer labor market and cooling economy.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »
Stock market today: Nasdaq, S&P 500 pop as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »
Stock market today: Nasdaq, S&P 500 touch new record as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »
Stock market today: Nasdaq, S&P 500 hit new record as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »
Stock market today: Nasdaq, S&P 500 futures pop as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »