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.DJI Dow Jones Industrial Average
- 38834.860
- +56.760+0.15%
Close Jun 18 16:00 ET
38936.930High38727.670Low
38779.120Open38778.100Pre Close327.60MVolume40077.40052wk High20Rise0.54%Amplitude32327.20052wk Low10Fall38832.300Avg Price--Flatline
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$NVIDIA(NVDA.US$ has become the world's largest company by market capitalization, achieving a remarkable rise from a niche chip maker to a $3 trillion giant in just over a year. According to J.D. Joyce, president of Houston financial advisory Joyce Wealth Management, Nvidia's stock reflects strong investor sentiment about artificial intelligence, beyond just its earnings.
Read Here: Nvidia Surpasses Microsoft as Most Valuable Public Company: Key Insights for Investors
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Read Here: Nvidia Surpasses Microsoft as Most Valuable Public Company: Key Insights for Investors
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$NVIDIA(NVDA.US$ has surged to the forefront of the global market, becoming the world's most valuable public company with a staggering market cap of $3.34 trillion. This monumental achievement surpasses even tech giants like $Microsoft(MSFT.US$ and $Apple(AAPL.US$ . $NVIDIA(NVDA.US$'s shares jumped 3.5% on 18 June 2024 alone, underscoring its dominant position in the AI chip market for data centers, where it holds an impressiv...
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Wall Street is eyeing a collection of economic data beginning on Thursday to close out the second half of the trading week.
Initial jobless claims, housing starts and U.S. building permits are all due out at 8:30 am on Thursday, as well as the Philadelphia Federal Reserve’s manufacturing survey.
Friday morning will see services and manufacturing PMI data, followed by existing home sales figures.
$ProShares UltraPro Short QQQ ETF(SQQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$ $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$ $Nasdaq Composite Index(.IXIC.US$ $Lennar Corp(LEN.US$
Initial jobless claims, housing starts and U.S. building permits are all due out at 8:30 am on Thursday, as well as the Philadelphia Federal Reserve’s manufacturing survey.
Friday morning will see services and manufacturing PMI data, followed by existing home sales figures.
$ProShares UltraPro Short QQQ ETF(SQQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$ $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$ $Nasdaq Composite Index(.IXIC.US$ $Lennar Corp(LEN.US$
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Goldman Sachs economists, led by Jan Hatzius, argue that the key driver of labor demand is economic activity, which has significantly slowed. They predict that the Fed will likely cut rates once in September and again in December.
$S&P 500 Index(.SPX.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $Nasdaq Composite Index(.IXIC.US$ $Dow Jones Industrial Average(.DJI.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$
$S&P 500 Index(.SPX.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $Nasdaq Composite Index(.IXIC.US$ $Dow Jones Industrial Average(.DJI.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$
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The Congressional Budget Office (CBO) now projects that the US government budget deficit will near $2 trillion this year, a significant upward revision of 27% from previous estimates. The CBO also forecasts that over the next decade, the deficit will equal or exceed 5.5% of GDP each year, marking the first time since the 1930s that it has remained at such a high proportion for over five consecut...
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$NVIDIA(NVDA.US$ has become the world's most valuable public company. Founded in 1991, Nvidia initially focused on gaming hardware but has seen its stock soar in recent years as its technology became crucial for AI development. This surge has elevated co-founder and CEO Jensen Huang's net worth to approximately $117 billion, placing him as the world's 11th wealthiest person.
On Tuesday, its shares rose 3.5%, b...
On Tuesday, its shares rose 3.5%, b...
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Fed Chair Jerome Powell stated that the US economy is moving in the right direction, expecting inflation pressures to continue to ease. He did not commit to a specific timing for rate cuts, emphasizing that any decisions will depend on future economic data.
Richmond Fed President Thomas Barkin, a voting member of the FOMC this year, said rate cuts would require sustained and broad-based inf...
Richmond Fed President Thomas Barkin, a voting member of the FOMC this year, said rate cuts would require sustained and broad-based inf...
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Retail sales in May nearly stalled, with previous months revised down, indicating increased pressure on consumer spending.
The weak retail sales data in May highlighted the sluggish consumer spending, reinforcing investor expectations for a rate cut by the Fed this year.
Following the data release, Treasury yields accelerated their decline, with the yield on the 2-year Treasury plunging.
$iShares U.S. Treasury Bond ETF(GOVT.US$ $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$ $Nasdaq Composite Index(.IXIC.US$ $U.S. 20-Year Treasury Bonds Yield(US20Y.BD$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$
The weak retail sales data in May highlighted the sluggish consumer spending, reinforcing investor expectations for a rate cut by the Fed this year.
Following the data release, Treasury yields accelerated their decline, with the yield on the 2-year Treasury plunging.
$iShares U.S. Treasury Bond ETF(GOVT.US$ $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$ $Nasdaq Composite Index(.IXIC.US$ $U.S. 20-Year Treasury Bonds Yield(US20Y.BD$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$
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Immigration has helped the U.S. job market sustain a strong run in recent months without reigniting inflation, economists and analysts say.
As CNBC’ Rebecca Picciotto writes, the U.S. economy added a whopping 272,000 jobs in May, but the consumer price index was unchanged. This dynamic — a hot job market and cooling inflation — is in part the result of increased inflows of immigrants. Recent spikes in immigration at the southern border and elsewhere in the U.S. hav...
As CNBC’ Rebecca Picciotto writes, the U.S. economy added a whopping 272,000 jobs in May, but the consumer price index was unchanged. This dynamic — a hot job market and cooling inflation — is in part the result of increased inflows of immigrants. Recent spikes in immigration at the southern border and elsewhere in the U.S. hav...
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