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Investor's Business Daily on MSNStock Market Today: Dow Rises On Trump Trade Deal; Nvidia Up On Tesla's Musk AI Startup News (Live Coverage)
In stocks, Nvidia more than 1% rose as investors await Alphabet GOOGL earnings at market close. Shares also rose following a Wall Street Journal report that Tesla TSLA Chief Executive Elon Musk's xAI startup is looking to raise up to $12 billion to buy Nvidia chips to train xAI's Grok chatbot.
The Dow Jones Industrial Average was in the process of heading for its highest closing level of the year on Wednesday as investors held out hope for more trade deals. The Dow was up about 451 points,
A trade spokesperson for the European Commission (EC), Olof Gill, noted that “the EU’s primary focus is on achieving a negotiated outcome with the US”, but noted that the EU remains ready to use its anti-coercion instruments (ACI) to fast-track retaliatory tariffs should a trade deal fall through.
Dow Jones Today: S&P 500, Nasdaq Retreat From Record Highs as Stocks Edge Lower Amid Earnings Deluge
Stock futures wavered between slight gains and losses Tuesday morning as investors reacted to quarterly results from a slew of major companies.
Tesla stock dropped early Wednesday ahead of its second-quarter earnings report. Shares were at $330.64 in early trading, down 0.4%, while the S&P 500 and Dow Jones Industrial Average were up 0.4% and 0.
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Investor's Business Daily on MSNDow Jones Futures: Astera, Circle, Google, Netflix, Robinhood Are Big Movers; Powell Speech Next
Astera, Circle Internet, Google, Netflix and Robinhood were big movers Monday. Fed Chair Powell's speech looms Tuesday.
The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.