Metals rally, Nasdaq hits a high: Market takeaways

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 55 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Earnings Reports News

Alexandra Canal,Nasdaq

It was another busy day on Wall Street, with investors closely keeping an eye on earnings reports. Stocks ended the day mixed (^DJI,^GSPC, ^IXIC), with the...

), though. Investors seem to be on pause while they await the chip company's quarterly results on Wednesday after the market close.Well, the NASDAQ rising to a new record today, boosted by in video as investors await the chip makers latest earnings report.And we saw long time Bear Mike Wilson from Morgan Stanley.

And then, and then there's geopolitics as well because if gold is seen as a haven, right is a good store of value. Of course, there is that possibility if we see any sign of weakness now, only could it affect NVIDIA stocks, but really all the adjacent A I stocks that have really benefited from this boom.

So there's that sort of effect it has, it's accounted for a lot of their earnings growth in the S and P 500.I will note it, we are not gonna continue to see these types of numbers likely as we get further out from that blowout quarter that you mentioned because the comps were gonna get tougher and the growth rate will go likely to go down.

Michael Burry bought about $8 million worth of a trust that owns physical gold bullion. John Paulson has been betting big on gold for years.Are you looking for some great TSX stocks to buy in 2024? The market is full of options, but these two scream "long-term opportunity" right now. The post 2 TSX Stocks to Buy in 2024 and Hold for the Next 10 Years appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Wall Street drifts to a mixed close as Nasdaq notches another recordNEW YORK (AP) — U.S. stock indexes drifted to a mixed finish after a quiet day of trading, and the Nasdaq composite rose to another record. The Nasdaq climbed 0.7% Monday. The S&P 500 edged up by 0.1% to finish just short of its all-time high.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street ends higher, sending Nasdaq to a record highNEW YORK (AP) — Stocks ended higher on Wall Street, sending the Nasdaq composite to another record. The S&P 500 rose 0.5%, and is sitting just shy of its own all-time high. The Dow Jones Industrial Average added 0.3%.
Source: SooToday - 🏆 8. / 85 Read more »

S&P/TSX composite rises, Nasdaq leads Wall St. rally after tech earningsTORONTO — Gains in base metal stocks helped lift Canada's main stock index on Friday while U.S. markets also rose, led by tech stocks as the Nasdaq jumped two per cent.
Source: SooToday - 🏆 8. / 85 Read more »

Precious metals are in a 'buy the dip market': ExpertBofA Global Research Head of Metals Research Michael Widmer joins Morning Brief to discuss the recent rise in commodity trading, specifically in precious...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq touches intraday record, Dow struggles to top 40,000 againInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq touches new record, Dow tries to top 40,000 againInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »