News Formal

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

  • 📰 AP
  • ⏱ Reading Time:
  • 31 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 61%
  • Publisher: 51%

NVIDIA Corp. News

Financial Markets,General News,Advantest Corp.

Asian shares have mostly fallen after a mixed close on Wall Street, with regional markets shrugging off a strong profit report from Nvidia that was released after U.S. markets closed. Oil prices climbed and U.S. futures were lower. Technology shares in Tokyo declined as analysts reacted to Nvidia's lower-than-hoped for profit forecasts.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

Stock market today: Asian shares mostly slip despite Nvidia's solid earnings reportAsian shares have mostly fallen after a mixed close on Wall Street, with regional markets shrugging off a strong profit report from Nvidia that was released after U.S. markets closed.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares mostly decline, shrugging off Wall Street's overnight rallyTOKYO (AP) — Asian shares were trading mostly lower Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as president.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian markets mostly fall after Wall Street logs 3rd loss in a rowShares are mostly lower in Asia after a third straight day of losses on Wall Street.
Source: ksatnews - 🏆 442. / 53 Read more »