Reported 4 months ago
The article discusses how the stock market saw record highs, with the Nasdaq Composite reaching above 17,000 for the first time, driven by AI darling Nvidia hitting a record high share price of $1,140. The S&P 500 finished flat, while the Dow Jones fell over 200 points. Investors are monitoring inflation ahead of the Federal Reserve's preferred PCE gauge release. GameStop stock surged after a share sale, while Apple rose on strong iPhone sales in China. Robinhood announced a $1 billion share repurchase program. Additionally, Tesla's pay package and rates outlook, UBS boosting S&P 500 year-end target, and home price data were highlighted in the article.
Source: YAHOO