A quiet session for US markets overnight. The bond market was closed for Veteran’s Day. There was also light volume on the share market, with only 15.3bn shares traded. The average over the last month is 20bn. That said, the Dow Jones index closed at a record high, while the Nasdaq slipped 0.25% with Nivida and other AI related firms closing lower. CoreWeave took a big 16% hit after it lowered its revenue forecast. The VIX continued to moderate down. Positive sentiment continues to flow from ...
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A quiet session for US markets overnight. The bond market was closed for Veteran’s Day. There was also light volume on the share market, with only 15.3bn shares traded. The average over the last month is 20bn. That said, the Dow Jones index closed at a record high, while the Nasdaq slipped 0.25% with Nivida and other AI related firms closing lower. CoreWeave took a big 16% hit after it lowered its revenue forecast. The VIX continued to moderate down. Positive sentiment continues to flow from ...
Pre-Market Report – Wednesday 29 October: US markets hit new records, SPI up 11 | CPI today
Market Updates
14 minutes
2 weeks ago
Pre-Market Report – Wednesday 29 October: US markets hit new records, SPI up 11 | CPI today
US stocks finished higher overnight. The Nasdaq rose 0.8% and the SP500 0.2%. US stocks remain in record highs on average volume of 20bn shares. Employment figures released were encouraging, and NVDA made a big 5% move up after announcing a deal to build seven AI supercomputers for the US energy department. CEO Huang also said they had US$500bn in bookings for its AI chips – and that’s even without access to the Chinese market. It's possible NVDA becomes the first public company to hit US$5 t...
Market Updates
A quiet session for US markets overnight. The bond market was closed for Veteran’s Day. There was also light volume on the share market, with only 15.3bn shares traded. The average over the last month is 20bn. That said, the Dow Jones index closed at a record high, while the Nasdaq slipped 0.25% with Nivida and other AI related firms closing lower. CoreWeave took a big 16% hit after it lowered its revenue forecast. The VIX continued to moderate down. Positive sentiment continues to flow from ...
