US stocks close higher on tech and oil stocks
US stocks closed higher on Tuesday as tech stocks rallied and the Nasdaq Composite marked a record high and oil prices hit six-month highs
Company
Nvidia Corp
NASDAQ:NVDA
Nvidia Corp is a market leader in visual computing technology, creating products that enhance the interactive experience on consumer and professional computing platforms. The company's graphics and communications processors are used in a wide variety of computing platforms, including consumer digital-media PCs, enterprise PCs, professional workstations, digital content creation systems, notebook PCs, military navigation systems and video game consoles.
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Trending: NVIDIA jumpstarts while Amazon and other tech stocks stare glumly at Trump
While the S&P 500 index may have slipped on Friday, and other tech stocks are licking wounds from Donald Trump’s election victory, one stock was bravely leading the risers - and done so in spectacular style: PC graphics maker NVIDIA
US top stocks end flat but smaller caps continue to party
US top stocks ended flat after their rout in a Trump-inspired stock rotation, but smaller stocks had a second successive session of large gains on Friday
US stocks close higher on mergers but Dec rate hike weighs
US stocks ended higher on Monday on merger season, but gains were clamped by a rising dollar, falling oil prices and some growing worries over a December rate hike
Trending: Happiness at Joy Global, while tech stocks rubbed badly
It was smiles at Joy Global which demonstrated you can make money in the commodities sector, and tech stock Nividia had a good start with Goldman Sachs initiating coverage at "Buy". But Apple, Box and Oracle had a day they would care to for
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Brokers: Chip giants in focus
Graphics chip maker Nvidia's analyst day was well-attended. Meanwhile, RBC is perturbed at the number of top executives leaving Intel.
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Wall Street struggles for direction as investors brace for Dec rate hike
Wall Street reckons a December interest rate rise is a likelihood, after non-farm payrolls smashed expectations
Wall Street braces for Dec rate rise after jobs report
Wall Street reckons a December interest rate rise is a likelihood, after non-farm payrolls smashed expectations
U.S. Risers/Fallers: Nvidia, Chipotle, News Corp, Cigna, Shake Shack, Humana, Youku Tudou
Below are the main news driven share price changes at 11:01 a.m. in New York on Friday:
Hardware & electrical equipment
Nvidia hits 7-yr high on robust outlook
The maker of graphics chips beat Q3 profit and revenue estimates Nvidia will lift its quarterly cash dividend 18%.
Wall Street retreats after payrolls data indicate Fed may hike rate in September
Wall Street fell and the U.S. dollar remained firm today after the monthly U.S. employment data came close enough to forecast to raise speculation the Federal Reserve will hike interest rates for the first time in nearly a decade perhaps as
Wall Street set to open lower after payrolls data indicate Fed may hike rate in September
U.S. stock index futures extended their losses on Friday after non-farm payroll numbers rose at a solid clip in July, signaling an improving economy that could open the door wider to a Federal Reserve interest rate hike in September. Future
Wall Street rallies amid optimism over Greek debt talks
U.S. stocks advanced sharply today as technology and financial stocks pulled ahead amid optimism that progress is being made in Greece’s debt talks. Today's rally, which marks a turnaround following a week-long slump in the stock mark