S&P 500, Nasdaq gain as investors await Nvidia earnings; Tesla jumps

Nov 18 - The S&P 500 and the Nasdaq rebounded on Monday, recovering some losses as Tesla , jumped on the prospect of favorable policy changes from the incoming Trump administration and investors awaited quarterly results from AI leader Nvidia.

"What we got last week was a hangover from the post-election rally. We've been able to rally back a little , but it's kind of slow," said Jay Woods, chief global strategist, Freedom Capital Markets. The Dow Jones Industrial Average , fell 14.27 points, or 0.03%, to 43,430.72, the S&P 500 , rose 24.57 points, or 0.43%, to 5,895.64 and the Nasdaq Composite , gained 124.83 points, or 0.67%, to 18,805.96.

Stock indexes have shed some of the sharp gains that followed Trump's decisive victory, but Wall Street remains fairly well placed as 2024 winds down. The benchmark index has gained about 23% year-to-date. CVS Health's , shares gained 5.5% after the health insurer said it would add four new members to its board in an agreement with Glenview Capital Management.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Stock market today: Dow, S&P 500, Nasdaq slip with flood of earnings aheadInvestors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow slips as S&P 500, Nasdaq wobble with flood of earnings aheadInvestors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow, S&P 500 slip, Nasdaq wavers with flood of earnings aheadInvestors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow, Nasdaq, S&P 500 slide as Treasury yields hit highest level since JulyStocks are eyeing a second day of losses as investors rethink the outlook for interest-rate cuts over the next year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Tesla earnings, Goldman's S&P 500 forecast, Boeing: 3 ThingsElectric vehicle manufacturer Tesla (TSLA) will kick off earnings season for Big Tech's Magnificent Seven, reporting its third quarter results on Wednesday, ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »