On Tuesday, July 9th, U.S. stock markets closed mixed, with the S&P 500 and Nasdaq hitting record highs. The gains were driven by Nvidia‘s 2.5% rise following Fed Chair Jerome Powell’s comments that positive economic data could lead to rate cuts.
NVIDIANVDA shares rose by 2.5% after Keybanc analyst John Vinh reiterated an Overweight rating and raised the price target from $130 to $180.
The majority of S&P 500 sectors closed higher, led by financials, health care, and utilities, while energy and materials stocks ended lower.
The Dow Jones Industrial Average was down 0.13% and closed at 39,291.97. The S&P 500 gained 0.07%, ending the day at 5,576.98, and the Nasdaq Composite rose 0.15%, finishing the session at 18,430.56.
Asian Markets Today
Eurozone at 06:15 AM ET
Commodities at 06:15 AM ET
Crude Oil WTI was trading higher by 0.21% at $81.57/bbl, and Brent was up 0.08% at $84.73 bbl.
Natural Gas gained 1.45% to $2.378.
Gold was trading higher by 0.51% at $2,379.95, Silver gained 0.59% to $31.242, and Copper slid 0.15% to $4.5705.
US Futures at 06:15 AM ET
Dow futures were up 0.02%, S&P 500 futures rose 0.14%, and Nasdaq 100 Futures gained 0.26%.
Forex at 06:15 AM ET
The U.S. dollar index declined 0.01% to 105.12, the USD/JPY rose 0.15% to 161.56, and the USD/AUD rose 0.03% to 1.4836.
China's assets explosion and the high record global capital influx hit
Hong Kong Stocks Surge, Hang Seng Index Opens Up 543 Points
China's bailout policy triggers LVMH and Hermès to rise nearly 10%
Will policies boost confidence and the A-share market live up to expectations?
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