Stock market today: S&P 500, Nasdaq slip from records as Nvidia dips

Two of the major stock indexes declined on Thursday after touching record highs earlier in the session. The S&P 500 briefly crossed 5,500 for the first time, as Nvidia's record-breaking surge — which catapulted it to the title of world's most valuable public company — ebbed. The S&P 500 lost around 0.2% after the index secured its 31st record close of the year on Tuesday. The tech-heavy Nasdaq Composite touched new highs earlier in the session but close down almost 0.8%.

Despite the dip, the stock is still up more than 170% so far this year. On Tuesday Nvidia completed a remarkably quick surge to temporarily usurp Microsoft as the most valuable company in the world — just two weeks after it dethroned Apple as the No. 2 most valuable company. Its rise to the top has come so fast, Yahoo Finance's Jared Blikre wrote, that some more passive investors haven't been able to keep up.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market today: S&P 500, Nasdaq hover near records as Nvidia becomes most valuable stockTechs are continuing to lead an AI-driven rally that investors simply can't afford to miss out on.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stock market today: S&P 500, Nasdaq jump as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stock market today: S&P 500, Nasdaq set to jump as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

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.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

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.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

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.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »