Daily Market Insights: March 15, 2024: Market Overview: U.S. Stocks, Bonds, and Commodities Analysis
A Recap of Thursday's Market Trends and Notable Performances
Daily Market Newsletter - March 12, 2024: Market Recap: S&P 500 and Nasdaq Decline, Bitcoin Boosts Microstrategy to Record Highs
Insights from Trading Central's Global Research Desks
U.S. stock indexes retreated from their record-high levels. The Dow Jones Industrial Average dropped 274 points (-0.71%) to 38,380, the S&P 500 fell 15 points (-0.32%) to 4,942, the Nasdaq 100 was down 29 points (-0.17%) to 17,613.
Nvidia (NVDA) gained 4.79% to $693.32, marking a third consecutive record close. Goldman Sachs raised its price target on the stock to $800. Tesla (TSLA) fell 3.65% to $181.06, the lowest close since May 2023. ON Semiconductor (ON) jumped 9.54% as fourth-quarter results exceeded market expectations.
A Recap of U.S. Market Performance, Forex Trends, and Intraday Analysis for November 27, 2023
Nvidia (NVDA) contributed to the pressure on the Nasdaq 100 index as it slid a further 1.93%. Reuters reported that the chip-maker is delaying the launch of a new artificial intelligence chip for Chinese customers.
Markets Grapple with Rising Yields: Volatility Persists as 10-Year Treasury Nears 5%
U.S. Stocks Grapple with 10-Year Yield Near 5%, Powell's Inflation Remarks Add Pressure
US Stocks Fall as Inflation Holds Pace
Dow Jones Drops 173 Points, S&P 500 Sheds 27 Points, Nasdaq 100 Closes Lower by 57 Points
U.S. Stocks Rally for a Third Session, Bitcoin Gets Boost from Ruling
Strong Gains in S&P 500, Nasdaq 100, and Dow Jones; Weaker Economic Data Impact Fed Rate Hike Expectations