forex.pm forex forum binary options trade

Forex news -forex broker review => Forex => Topic started by: forex4you on Jul 10, 2024, 06:38 am

Title: US equities edge higher as Nvidia scores another gain
Post by: forex4you on Jul 10, 2024, 06:38 am
US equities edge higher as Nvidia scores another gain

The equity market showed some modest disappointment that Fed Chair Jerome Powell didn't offer more of a dovish narrative but quickly shrugged off the disappointment and hung onto gains. It was the fifth consecutive higher close for the S&P 500, all records.

  • S&P 500 +0.1%
  • Nasdaq Comp +0.1%
  • DJIA -0.1%
  • Russell 2000 -0.5%
  • Toronto TSX Comp -0.4%

Tomorrow features the second day of testimony from Powell but that's usually a repeat of the same themes. It looks like we will have to wait until Thursday to get some market-moving data.

Meanwhile, tech stocks continue to bounce around and it was Nvidia with a 2.5% gain today and Tesla continuing the short squeeze, up 3.7%.



                This article was written by Adam Button at www.forexlive.com.

Source: US equities edge higher as Nvidia scores another gain (https://www.forexlive.com/news/us-equities-edge-higher-as-nvidia-scores-another-gain-20240709/)

forexlive.com