Stock Market Today: Dow Rallies
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U.S. stocks finished higher on Wednesday, with the Dow Jones Industrial Average and the S&P 500 snapping their four-day losing streaks as megacap technology names bounced back ahead of Nvidia earnings.
Stock futures pointed sharply higher Thursday, a day after AI darling Nvidia reported quarterly results above analysts' lofty expectations.
Dow, S&P 500, and Nasdaq futures are falling in premarket trading as the stock market turns away from risk assets ahead of key data.
The Dow Jones Industrial Average surged to a record high close today, lifted by progress toward ending the longest U.S. government shutdown, while Nvidia and other artificial intelligence-related companies fell on renewed concerns about elevated valuations.
An epic run-up in precious metals switched abruptly into reverse, while stock investors dug into a slew of corporate earnings. Gold prices fell more than 5%, on pace for their biggest one-day pullback in more than a decade, just a day after the haven metal ...