2024-07-09 00:01:55
Markets
Stocks
Technology

Stock Market Today: Dow Jones Rises; Nvidia Chipmaker Gets Price Target Hike

The stock market experienced gains as the Dow Jones futures rose, with investors eagerly awaiting speeches from Federal Reserve Chairman Jerome Powell. Nvidia, the chipmaker, received a boost after a price-target hike.

As the market prepared for economic data releases and the start of a new earnings season, major banks were expected to report their quarterly results. Various stocks, including Carvana, Meta Platforms, and Monday.com, garnered attention in the current stock market climate.

Investors are closely monitoring the performance of tech giants like Tesla and Palantir, as well as the upcoming testimony of Fed chief Jerome Powell and the release of inflation data, which are key factors influencing the market's direction.

While the stock market has reached new highs, concerns about overbought stocks, a potential pullback, and the dominance of a few large tech companies persist. However, analysts remain optimistic about the prospects of chipmaker Nvidia, as demand for their AI platform and upcoming Blackwell series processors continues to be robust.

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Yahoo Finance
8. Juli 2024 um 14:00

Stock Market Today: Dow Jones Rises; Nvidia Chipmaker Gets Price Target Hike| Investor's Business Daily

Finance
Economy
Dow Jones futures rose as Wall Street awaited speeches from Federal Reserve Chairman Jerome Powell, with Nvidia chipmaker Taiwan Semiconductor Manufacturing seeing a boost after a price-target hike. The market was also preparing for economic data releases and the start of a new earnings season, with major banks expected to report their quarterly results. Various stocks like Carvana, Meta Platforms, and Monday.com were highlighted as companies of interest in the current stock market climate.
Yahoo Finance
8. Juli 2024 um 12:12

Dow Jones Futures: Stock Market Risks Rise As Tesla Soars, Palantir Breaks Out; Powell Looms | Investor's Business Daily

Finance
Economy
Technology
The article discusses the current state of the stock market, with the Dow Jones futures and S&P 500 futures set to open on Sunday evening. It highlights the performance of various stocks and sectors, including Tesla, Nvidia, Meta Platforms, Palantir Technologies, and ASML. The article also mentions the upcoming testimony of Fed chief Jerome Powell and the release of inflation data, which will be key factors in the market's direction. The article suggests that the broader bullish trend is intact, but investors should be cautious about making new buys due to the Nasdaq's extended position and the weakness in small caps and midcaps.
Stock Market Breaking News by Wall Street Experts - TheStreet
10. Juli 2024 um 17:07

Stock Market Today: Stocks dip with Powell, earnings, CPI in focus TheStreet Daily Newsletter

Finance
Economy
U.S. equity futures edged lower on Monday as investors await a busy week on Wall Street, including testimony from Federal Reserve Chairman Jerome Powell, the release of June inflation data, and the start of the second-quarter earnings season. Stocks ended higher last week, with record closing levels for the S&P 500 and Nasdaq Composite. Investors are looking for clues on the Fed's interest rate policy and the state of the economy.
Yahoo Finance
9. Juli 2024 um 02:39

Dow Jones Futures: Fed Chief Powell, CPI Loom; Palantir, Meta Among Best Stocks To Buy | Investor's Business Daily

Finance
Economy
Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were higher ahead of Tuesday's stock market open. Palantir Technologies and Meta Platforms are among the best stocks to buy and watch. Investors are awaiting testimony from Fed Chairman Jerome Powell and the release of the latest Consumer Price Index report later this week, which will provide clues on the Fed's interest rate plans. Several major banks are also set to report earnings on Friday.
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