On December 9, 2024, the U.S. stock market closed higher, with the Dow Jones, S&P 500, and Nasdaq all finishing in the green. Strong performances in technology stocks, led by Nvidia and Apple, pushed the market up, while healthcare stocks also saw solid gains. The market responded positively to the latest Non-Farm Payrolls data and signs of stable consumer spending, although concerns about inflation persist. The positive sentiment from earnings reports is tempered by worries over rising prices, with investors keenly awaiting upcoming economic data.
Tag: Market performance
Daily Market Snapshot: October 14, 2024
The U.S. stock market soared on October 14, 2024, with the S&P 500 and Dow Jones reaching new record highs, fueled by strong technology sector performance and optimism ahead of key earnings reports and economic data. Despite light trading, Nvidia’s gains in the semiconductor space added momentum, while Federal Reserve officials maintained a cautious tone on future interest rate policy.
