NEW YORK — 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. The Dow Jones Industrial Average was up 74 points, or 0.2%, while the Nasdaq composite slipped 0.1%. Williams-Sonoma soared after delivering better profit and revenue than expected.
Shares of Seven & i Holdings Co., the company that owns over 80,000 7-Eleven convenience stores worldwide, soared 8.4% on Wednesday after local media reported that the founding family plans to raise over 8 trillion yen to take the company private within this financial year. The worries on the Ukraine-Russia conflict sent investors into U.S. Treasury bonds, which are seen as some of the world’s safest investments. The rise in their prices in turn lowered their yields, and the 10-year Treasury yield fell to 4.39% from 4.41% late Monday.
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Nvidia stock rises to intraday record high as Wall Street stays bullish ahead of earningsNvidia stock hit an all-time intraday high Monday as Wall Street analysts raised their price targets on the AI chipmaker.
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Wall Street set for mixed open; Nvidia earnings, Fed policy in focusThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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Stock market today: Wall Street drifts after inflation update comes in as expectedNEW YORK (AP) — U.S. stocks drifted near their records after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 ended little changed Wednesday.
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Stock market today: Wall Street opens lower as Big Tech stocks pull backNEW YORK (AP) — Wall Street is feeling the downside of high expectations as Microsoft and Meta Platforms lead U.S. stock indexes lower despite delivering strong profits for the summer. The S&P 500 was down 0.
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Stock market today: Wall Street opens lower as its recent rally cools some moreNEW YORK (AP) — Stocks are opening lower as more momentum comes out of Wall Street’s record-breaking rally. The S&P 500 was 0.3% lower early Wednesday. It’s coming off two small losses since setting an all-time high on Friday.
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Stock market today: Wall Street drifts ahead of Election Day, while oil rises and yields sinkNEW YORK (AP) — U.S. stocks drifted ahead of a momentous week full of potential flashpoints, while oil prices climbed and Treasury yields dropped. The S&P 500 slipped 0.3% Monday, even though the majority of stocks within the index rose.
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