Category: Jumps
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Nasdaq jumps as Nvidia turns a corner
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US stocks were broadly flat on Tuesday, with artificial intelligence chipmaker Nvidia (NVDA) eyeing a cautious comeback from a three-day slide, as investors unloaded their portfolios at the end of the quarter. The Nasdaq Composite (^IXIC) rose nearly 0.7%, while the S&P 500 (^GSPC) rose 0.2%. The Dow Jones Industrial…
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Dollar slips; yen briefly jumps as intervention worries linger By Reuters
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By Samuel Indyk and Ankur Banerjee LONDON (Reuters) – The dollar fell slightly on Monday but remained close to the highest level in about eight weeks, while the yen jumped briefly as it approached the 160 level that had earlier sparked verbal warnings from Japanese authorities. The yen fell to…
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Applied Materials Q2 results top estimates as growth in China jumps By Investing.com
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Investing.com – Applied Materials on Thursday reported fiscal second-quarter results that beat estimates, led by strong growth in China as the wave of artificial intelligence continues to boost demand for chips. Applied Materials Inc (NASDAQ:) fell more than 1% in the after-hours on the news. For the three months ended…
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Israel’s GDP jumps but still below pre-war level
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According to the Central Bureau of Statistics’ preliminary estimate, Israel’s GDP rose by an annual rate of 14.1% in the first quarter of 2024, or by 3.3% in the same quarter. This comes after a decline of 21.7% year-on-year in the last quarter of 2023, in which the Iron Sword…
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Dow jumps as Apple looks to jumpstart jobs day party
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The Dow Jones led US stocks higher on Friday, as upbeat earnings from Apple lifted spirits awaiting the monthly jobs report, a crucial test of interest rate expectations. Dow Jones Industrial Average (^DJI) futures jumped 0.8%, or 320 points, while S&P 500 futures (^GSPC) rose 0.4%. Futures on the tech-heavy…