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US markets higher on earnings, Chinese crackdown extends to gaming
The S&P 500 finished at a record high for the 42nd time this year, adding 0.8% as earnings season continued to drive positive sentiment.
NVIDIA Corp (NASDAQ: NVDA) is an American technology company based in California. It is a leader in the design of graphics processing units (GPUs) for gaming markets and system on a chip (SoC) for the mobile, computing and automotive markets. Nvidia was founded in 1993 and invented the graphics processing unit in 1999.
The S&P 500 finished at a record high for the 42nd time this year, adding 0.8% as earnings season continued to drive positive sentiment.
Global markets finished stronger ahead of the start of US earnings season, the Dow Jones and S&P 500 both adding 0.4%.
It was another mixed day for the S&P/ASX 200 (ASX: XJO) on Thursday, finishing slightly higher, up 0.2%, despite a strong opening. The S&P/ASX 200 is expected to open slightly lower on Friday, according to the Sydney Futures Exchange.
US stock markets were powered higher by smaller companies and technology sectors overnight. NVIDIA (NASDAQ:NVDA) shares are making headlines.
US markets ended what was a busy week all but flat, with the Dow Jones up 0.4% on Friday, the S&P 500 down 0.1% and the Nasdaq down 0.5%.
US markets finished the week strongly on the back of great economic data. SVB Financial (NASDAQ:SVIB) and American Express (NYSE:AMEX) are in the news.
Both the Nasdaq and S&P 500 hit record highs overnight, adding 1.1% and 0.3% respectively, as bond yields continued to fall.
US markets finished lower across the board on Monday. The S&P 500 ended flat with the Nasdaq falling 0.4% and the Dow Jones down 0.2%. Here are the big stories.
The ASX 200 (ASX: XJO) is set to push higher when the market opens on Wednesday. AGL Energy (ASX:AGL) and PointsBet (ASX:PBH) shares are in the news.