Stock Market Fluctuates; Nvidia, Jobs Report in Focus
The U.S. stock market experienced a mixed performance today, with the S&P 500 index gaining 0.4% after a four-day losing streak. Constellation Energy surged 6.1% following a $1 billion loan for its nuclear plant, while Lowes rose 4.8% on stronger-than-expected profits. However, Targets stock fell 1.5% due to weaker-than-anticipated revenue and holiday shopping concerns. Nvidias stock climbed 2.6% ahead of its summer profit report, impacting the broader market. Traders are also preparing for tomorrows key jobs report, which will provide insights into the job markets strength and potentially influence future interest rate decisions. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.
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