Stocks rise at opening bell as strong sentiment carries into holiday week
Source Cryptopolitan
- Major indexes are climbing for a fourth straight day, with the Dow up 286 points, the S&P 500 rising 0.5%, and the Nasdaq gaining 0.6% ahead of the Thanksgiving break.
- Nvidia shares rebounded 1%, bouncing back from earlier losses, while Microsoft also rose over 1%, fueling tech optimism.
- Alphabet hit a record high after reports suggested Meta may use its TPU chips by 2027, adding more heat to the “Magnificent Seven.”
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
While Elon Musk has been preoccupied with Tesla's robotics division and securing his landmark $1 trillion compensation package, the automaker's core business—selling vehicles—faces a worsening outlook.
Rising Inflation Challenges Reserve Bank's Rate Cut Plans in AustraliaAustralian CPI inflation surged to 3.8% year-on-year in October, exceeding expectations and complicating the Reserve Bank's strategy for interest rate reductions. Electricity prices significantly contributed to this increase, raising concerns about ongoing inflation pressures.
Australian CPI inflation surged to 3.8% year-on-year in October, exceeding expectations and complicating the Reserve Bank's strategy for interest rate reductions. Electricity prices significantly contributed to this increase, raising concerns about ongoing inflation pressures.
Nvidia Shares Slip as Google's AI Chips Gain Ground with Meta Deal TalksNvidia shares declined Tuesday following a report that Meta Platforms is in advanced talks to spend billions on Google's tensor processing units (TPUs), signaling the search giant's growing momentum in the competitive AI accelerator market.
Nvidia shares declined Tuesday following a report that Meta Platforms is in advanced talks to spend billions on Google's tensor processing units (TPUs), signaling the search giant's growing momentum in the competitive AI accelerator market.
US Dollar's Decline Predicted in 2026: Morgan Stanley's Outlook on Currency VolatilityMorgan Stanley forecasts a 5% drop in the dollar by mid-2026, attributed to continued Fed rate cuts. A recovery may follow as growth improves and funding currency dynamics shift favorably toward the euro and Swiss franc.
Morgan Stanley forecasts a 5% drop in the dollar by mid-2026, attributed to continued Fed rate cuts. A recovery may follow as growth improves and funding currency dynamics shift favorably toward the euro and Swiss franc.
Bitcoin has recorded its fourth straight week of declines, marking the longest sustained downturn since June 2024, though prices have begun to stabilize in recent sessions.
