Stock Market Today: NASDAQ Surges on NVIDIA Earnings
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US indices saw early Thursday strength, supported by Nvidia earnings, though key resistance levels remain in focus. Markets appear generally bullish, with dips still viewed as buying opportunities and a potential Santa Claus rally on the horizon.
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The Dow Jones Looks Ready for Death, But These 3 Blue-Chip Stocks Have More Life (and Gains) Ahead
My objective is typically to buy an inverse ETF or put option on the index, while buying the stocks within that index which have the best shot to produce gains. My time horizon is
The Dow Jones Industrial Average posted a record high upon closing on Tuesday, while the Nasdaq Composite finished down as investors sold tech stocks.
US indices attempt to recover on Wednesday as major benchmarks test key technical levels. The Nasdaq 100, Dow Jones 30, and S&P 500 all face pivotal EMA and trendline areas, with Nvidia’s earnings likely to influence the broader market direction.
SPDR S&P 500 ETF (NYSEARCA:SPY) and the SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) are among the market’s biggest ETFs, each tracking a different theme. Most investors hold a blend of these ETFs in their portfolios in different proportions.
Fueling gains in the Dow, S&P 500 and the S&P/TSX Composite Index, members of the U.S. House of Representatives headed back to Washington after a 53-day break for a vote that could end the shutdown, with the Polymarket betting platform fully pricing in a resolution this week.
Block expects adjusted earnings per share to grow in the low 30% range annually through 2028. The company behind Cash App and Square said Wednesday it expects adjusted earnings to hit $5.50 a share by 2028, ahead of the $4.76 a share that analysts polled by FactSet estimate.
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