Stock Market Mixed; Marvell, American Eagle Surge

The U.S. stock market fluctuated, with the S&P 500 dipping slightly and the Dow Jones Industrial Average gaining. The Nasdaq composite, however, was down by point three percent. Marvell Technologys stock rose by six percent after reporting stronger profits, while American Eagle Outfitters rallied fifteen point four percent after beating profit expectations. Capricor Therapeutics surged three hundred and seven percent following encouraging study results for its potential therapy for Duchenne muscular dystrophy. However, Microsoft and Nvidia weighed down the overall market. Treasury yields eased after a report suggested U.S. employers might have cut more jobs in November than they added. Bitcoin climbed again, topping ninety-two thousand dollars after a recent downward trend. European indexes were mostly flat, while Asian markets had a mixed finish. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.