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News

  • Nasdaq Falls as Nvidia Selloff Continues Despite Cooler Inflation

    Tip Ranks·
    - U.S. stocks declined on Friday, led by a 1.8 % drop in the Nasdaq 100 and continued losses in technology shares despite cooler-than-expected monthly wholesale inflation data. - Investor concerns over potential Federal Reserve rate hikes intensified as annual wholesale inflation reached 6.5 %, while semiconductor stocks tumbled amid Nvidia selloffs and broader tech sector pressures. - Meanwhile, Cerebras Systems gained over 6 % on strong quarterly results, and oil prices rose following geopolitical developments related to Iran.
    AMD-8.75%AVGO-4.76%

  • U.S. Stocks May See Early Strength As Nvidia Rebounds, Producer Prices Rise Less Than Expected

    rttnews·
    - U.S. stocks are expected to open higher on Friday, driven by an upward momentum in major index futures such as the S&P 500 rising by 0.6 percent. - The market rebound is supported by an extended recovery in Nvidia shares, which surged over 2 percent in pre-market trading. - Additional positive sentiment stems from producer prices rising less than expected during the period.
    NVDA-2.01%ANV-1.56%

  • Stock Futures Point Higher After October PPI Data

    Schaeffers·
    - Stock futures advanced alongside major indexes heading into weekly wins, driven by a rebound in Nvidia and cooler-than-expected October PPI data that rose 0.3% month on month. - Nvidia shares rose over 2% premarket following a previous drop, while Microsoft slipped 1.3% due to service outages and Palo Alto Networks gained 2.4% after an upgrade. - Asian markets mostly declined amid tech sector weakness, and Japan announced plans to work with the U.S. on foreign exchange markets as the yen crossed 160 per dollar.
    PANW-0.13%ANV-1.56%

  • The S&P 500 is shrugging off Nvidia's selloff. Here's what's keeping the rest of the market afloat.

    MarketWatch·
    - The S&P 500 rose 3.5% despite a nearly 12% plunge in Nvidia shares following the resignation of CEO Jensen Huang. - Strong performance across industrial, energy, consumer discretionary, and information technology sectors helped keep the broader market afloat. - Investors shifted focus to alternative chipmakers and diversified large-cap stocks, reducing reliance on Nvidia's single-stock weighting.
    AMD-8.75%NVDA-2.01%

  • TSX Begins Day in Red

    Baystreet·
    - Canadian equities opened lower on Thursday, with the TSX falling 324.56 points to 36,087.16 due to declines in mining and technology shares. - Wall Street also dropped as Nvidia shares slumped following the resignation of CEO Jensen Huang and growing geopolitical uncertainty. - Meanwhile, September building permits in Canada declined $552.8 million to $12.9 billion, while U.S. Treasury yields rose to 5.06%.
    ANV-1.56%DDM+0.28%

  • US Stock Market Today: S&P 500 Futures Firm On Hot CPI Fed Repricing

    Simplywall·
    - US stocks experienced a cautious open following a hotter-than-expected October CPI report, with headline inflation rising 0.4% and core inflation reaching 0.3%. - This unexpected inflation data prompted investors to reprice Federal Reserve expectations, raising concerns that borrowing costs may remain higher for longer and pressure equity valuations. - Market participants are closely watching upcoming economic data, including producer prices, jobless claims, and upcoming corporate earnings, to gauge the balance between sticky inflation and economic growth.
    CHTR+4.32%RKLB-3.96%

  • TradingKey Daily Market Briefing: US Stocks Retreat as CPI Tops Estimates; Nvidia Falls Over 5%, AMD and Broadcom Buck the Trend

    TradingKey·
    - U.S. stock indices declined as October consumer price inflation exceeded expectations, pushing Treasury yields higher and pressuring technology shares. - The Dow Jones fell 0.30% to 52,231.89 points, the S&P 500 dropped 0.38% to 7,520.93 points, and the Nasdaq slid 0.74% to 25,065.88 points. - AI industry stocks diverged with Nvidia falling 5.47%, while Broadcom and AMD bucked the trend by posting gains.
    AMD-8.75%AVGO-4.76%

  • Gold Down 2%; TransDigm Group Posts Upbeat Earnings

    benzinga_article·
    - U.S. stocks traded lower on Tuesday, with the Dow Jones index falling over 300 points alongside declines in the NASDAQ and S&P 500. - TransDigm Group Inc reported upbeat fourth-quarter earnings of $12.44 per share on sales of $2.988 billion, beating analyst estimates. - U.S. consumer prices rose 0.4% in October, exceeding the expected 0.3% rate while gold prices traded down 2.1% at $4,028.40.
    MVST-7.62%PEPG-13.49%

  • US stocks: Wall Street ends lower as hot inflation data, Fed comments heighten rate worries

    Businesstimes News·
    - US stocks closed lower on Tuesday as a hotter-than-expected Consumer Price Index reading and hawkish Federal Reserve comments heightened rate hike worries. - The Consumer Price Index increased 0.4 per cent last month, marking its third straight monthly gain of 0.4 per cent or more and exceeding the 0.3 per cent estimate. - The Dow Jones Industrial Average fell 0.3 per cent, the S&P 500 lost 0.38 per cent, and the Nasdaq Composite dropped 0.74 per cent.
    ANV-1.56%DDM+0.28%

  • Wall Street Closes Lower as Inflation and Fed Rate Worries Halt Rebound

    Stock Invest·
    - U.S. stocks closed lower on November 10, 2026, ending recent winning streaks as firmer-than-expected inflation data and renewed Federal Reserve tightening concerns halted the market's rebound. - The S&P 500 fell 0.38% to 7,520.93, the Nasdaq declined 0.74% to 25,065.87, and the Dow dropped 0.30% to 52,231.89, with technology emerging as the weakest major sector. - October consumer prices rose 0.4% month-over-month, exceeding the 0.3% forecast, while Fed Governor Christopher Waller signaled support for potential rate hikes despite improving inflation metrics.
    ANV-1.56%DDM+0.28%
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