Wednesday 20/November/2024 – 12:16 AM
The Nasdaq Composite indices closedStandard & Poor’s 500 rose on Tuesday, driven by a jump in technology company stocks, as investors awaited the release of NVIDIA’s results this week, while Walmart shares jumped after the retail store chain raised its annual forecasts, while the Dow Jones Industrial Average fell.
Technology stocks
The three indicators started the session lower after Russian President Vladimir Putin lowered the threshold for launching a nuclear attack, in response to a larger scale than conventional attacks earlier.
Moscow said that Ukraine attacked the Russian rear with American-made long-range missiles.
Stocks offset losses after Russian Foreign Minister Sergei Lavrov said that Moscow would do everything in its power to avoid the outbreak of a nuclear war.
Nvidia shares jumped to be the biggest gainers in the Standard & Poor’s 500 and Nasdaq indices, and the technology sector topped the gains of the Standard & Poor’s 500 sectors, and Nvidia issued its quarterly earnings report after the end of Wednesday’s session.
Shares of other major companies, including Amazon.com, also rose.
The Dow Jones Industrial Average fell 120.66 points, or 0.28%, to 43,268.94 points, the Standard & Poor’s 500 Index rose 23.35 points, or 0.40%, to close at 5,916.97 points, while the Nasdaq Composite Index increased 195.66 points, or 1.04%, to 18,987.47 points.
