Stock Market Today: Live Updates


Traders work on the floor of the New York Stock Exchange during the opening bell on November 13, 2024 in New York.

Angela Weiss | AFP | Getty Images

Stock futures edged lower Thursday evening, with Wall Street poised to finish the week with gains in all three major averages.

Futures contracts linked the Dow Jones Industrial Average fell by 37 points, or less than 0.1%. S&P 500 Futures Contracts fell 0.1%, while Nasdaq 100 Futures were down 0.2%.

The futures moves come after a slightly positive day on Wall Street.

On Thursday, the Dow rose about 462 points, or 1.06%, and the S&P500 added 0.53%. THE Nasdaq Composite was little changed, closing up 0.03%. Actions of Nvidia closed up 0.5% after lackluster earnings as the US market’s largest company was able to hold up its share of the earnings season bonanza.

All three major averages are on track for a positive week, led by the Nasdaq Composite’s 1.56% gain. That’s a change from last week, when Wall Street’s post-election rally seemed at a standstill.

“I think the markets are finally finding their balance for two reasons: the first is the recovery after the first week after the election, and [two is] reaction to Nvidia’s earnings,” Nuveen CIO Saira Malik said on “Closing Bell.”

Earnings reports boosted market action in extended trading. Actions of Gap surged 15% after the company beat earnings estimates and raised its full-year sales forecast. However, Intuition slipped more than 5% even after its quarterly report beat revenue and profit expectations.

On Friday, investors will have access to preliminary PMI reports for November, as well as an update on consumer confidence.

Investors will also keep an eye on bitcoin, which is trading just below the long-awaited $100,000 mark.



https://www.cnbc.com/2024/11/21/stock-market-today-live-updates.html

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