Stock market today: Asian shares mostly slip despite Nvidia's solid earnings report

A woman walks by a monitor showing Japan’s foreign exchange rate against the U.S. dollar at a securities firm in Tokyo, Thursday, Nov. 21, 2024. People walk by monitors showing Japan’s Nikkei 225 index at a securities firm in Tokyo, Thursday, Nov. 21, 2024. A woman covering herself from the rain walks by monitors showing Japan’s Nikkei 225 index at a securities firm in Tokyo, Thursday, Nov. 21, 2024.

Stephen Innes, managing partner at SPI Asset Management, noted the market reaction to Nvidia’s results was muted, partly because of the positioning that happened before the release. Its long-term prospects remain complex, he added. On Wall Street, the S&P 500 finished the day virtually unchanged, at 5,917.11 after coming back from a loss of 1%. The Dow Jones Industrial Average eked out a 0.3% gain, to 43,408.47, and the Nasdaq composite slipped 0.1% to 18,966.14.than analysts expected. The retailer also gave a forecast for profit in the upcoming holiday season that was below analysts’ estimates.

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