US Stock Market LIVE Updates: Dow rebounds after 2 days of losses, Nvidia leads gain as it reaches $4 trillion market value

5 hours ago

HomeMarket NewsUS Stock Market LIVE Updates: Dow rebounds after 2 days of losses, Nvidia leads gain as it reaches $4 trillion market value

US Stock Market LIVE Updates: US stocks are slightly higher in morning trading on Wednesday (July 9) as Wall Street weighs the latest developments in the Trump administration’s bid to win more deals with global trading partners. The S&P 500 was up 0.2% after paring some of its gains in the early going. The benchmark index, which posted a slight loss a day earlier, remains near the record it set last week after a better-than-expected U.S. jobs report. The Dow Jones Industrial Average was up 53 points, or 0.1%, as of 11:02 a.m. Eastern time, and the Nasdaq composite was 0.5% higher.

 Dow rebounds after 2 days of losses, Nvidia leads gain as it reaches $4 trillion market value

US Stock Market LIVE Updates: US stocks are slightly higher in morning trading on Wednesday (July 9) as Wall Street weighs the latest developments in the Trump administration’s bid to win more deals with global trading partners. The S&P 500 was up 0.2% after paring some of its gains in the early going. The benchmark index, which posted a slight loss a day earlier, remains near the record it set last week after a better-than-expected U.S. jobs report. The Dow Jones Industrial Average was up 53 points, or 0.1%, as of 11:02 a.m. Eastern time, and the Nasdaq composite was 0.5% higher. Gains in technology and communication services stocks helped drive the market higher, outweighing declines in energy and other sectors. Nvidia rose 2.1%. The chipmaker became the first public company to top $4 trillion in value as its share price briefly topped $164 each in early trading. Shares in the AI boom poster child were going for around $14 per share at the start of 2023.

Watch this space for all the Live updates.

Read Full Article at Source