{"id":114242,"date":"2024-10-15T02:09:46","date_gmt":"2024-10-14T19:09:46","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=114242"},"modified":"2024-10-15T02:09:46","modified_gmt":"2024-10-14T19:09:46","slug":"dow-sp-500-head-for-records-nasdaq-jumps-as-nvidia-surges","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=114242","title":{"rendered":"Dow, S&#038;P 500 head for records, Nasdaq jumps as Nvidia surges"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>US stocks rose toward fresh record highs on Monday as Nvidia (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\" data-ylk=\"slk:NVDA;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">NVDA<\/a>) led a risk-on rally in the market that permeated through most sectors and even into cryptocurrencies.<\/p>\n<p>The S&amp;P 500 (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EGSPC\" data-ylk=\"slk:^GSPC;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^GSPC<\/a>) moved up 0.7% to head for a fresh record after <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-and-sp-500-notch-record-highs-as-earnings-season-kicks-off-200036434.html\" data-ylk=\"slk:ending above 5,800 for the first time;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">ending above 5,800 for the first time<\/a> on Friday. The tech-heavy Nasdaq Composite (<a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/IXIC\" data-ylk=\"slk:^IXIC;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^IXIC<\/a>) jumped nearly 0.9%. The Dow Jones Industrial Average (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EDJI\" data-ylk=\"slk:^DJI;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^DJI<\/a>) rose more than 150 points, or 0.4%.<\/p>\n<p>In crypto, Bitcoin (<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BTC-USD\" data-ylk=\"slk:BTC-USD;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BTC-USD<\/a>) was up more than 5% in the past 24 hours to touch above $65,700 per coin. Meanwhile, Ethereum (<a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/ETH-USD\" data-ylk=\"slk:ETH-USD;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">ETH-USD<\/a>) has also rallied, adding nearly 8% on the day.<\/p>\n<p>Tech stocks led the gains, with chip giant Nvidia <a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/nvidia-rides-fierce-blackwell-demand-104430219.html\" data-ylk=\"slk:rising toward new highs;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">rising toward new highs<\/a>, up more than 3% during the session. Other semiconductor stocks also surged including chip equipment maker ASML (<a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/ASML\" data-ylk=\"slk:ASML;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">ASML<\/a>), Arm Holdings (<a data-i13n=\"cpos:10;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/ARM\" data-ylk=\"slk:ARM;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">ARM<\/a>) and Applied Materials (<a data-i13n=\"cpos:11;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/AMAT\/\" data-ylk=\"slk:AMAT;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">AMAT<\/a>).<\/p>\n<p><a data-i13n=\"cpos:12;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/retail-sales-big-banks-results-and-netflix-earnings-what-to-know-this-week-114506799.html\" data-ylk=\"slk:Earnings are taking center stage;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">Earnings are taking center stage<\/a> as the first full week of third quarter results gets underway. How the <a data-i13n=\"cpos:13;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/ceos-analysts-odds-p-500-100345118.html\" data-ylk=\"slk:season plays out;cpos:13;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">season plays out<\/a> is seen as key to the rally in stocks as the <a data-i13n=\"cpos:14;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/the-bull-market-is-2-years-old-heres-where-wall-street-thinks-stocks-go-next-100050648.html\" data-ylk=\"slk:bull market turns 2 years old;cpos:14;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">bull market turns 2 years old<\/a>.<\/p>\n<p>The Dow and S&amp;P 500 entered this week at new records after JPMorgan Chase (<a data-i13n=\"cpos:15;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/JPM?p=JPM&amp;.tsrc=fin-srch\" data-ylk=\"slk:JPM;cpos:15;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">JPM<\/a>) and Wells Fargo (<a data-i13n=\"cpos:16;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/WFC?p=WFC&amp;.tsrc=fin-srch\" data-ylk=\"slk:WFC;cpos:16;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">WFC<\/a>)<a data-i13n=\"cpos:17;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/jpmorgan-touts-soft-landing-possibility-after-better-than-feared-earnings-112411192.html\" data-ylk=\"slk:earnings largely passed Wall Street's test.;cpos:17;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\"> earnings largely passed Wall Street&#8217;s test.<\/a> Investor focus is staying on big banks with reports from Goldman Sachs (<a data-i13n=\"cpos:18;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/GS\" data-ylk=\"slk:GS;cpos:18;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">GS<\/a>), Citi (<a data-i13n=\"cpos:19;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/C\" data-ylk=\"slk:C;cpos:19;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">C<\/a>), and Bank of America (<a data-i13n=\"cpos:20;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BAC\" data-ylk=\"slk:BAC;cpos:20;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BAC<\/a>) on Tuesday&#8217;s docket, and Morgan Stanley (<a data-i13n=\"cpos:21;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/MS\" data-ylk=\"slk:MS;cpos:21;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">MS<\/a>) due Wednesday.<\/p>\n<p>At the same time, there&#8217;s still uncertainty about whether the Federal Reserve will cut interest rates again. A <a data-i13n=\"cpos:22;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/september-jobs-report-builds-case-for-smaller-fed-rate-cut-in-november-144604615.html\" data-ylk=\"slk:benign jobs report;cpos:22;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">benign jobs report<\/a> and data showing &#8220;sticky&#8221; <a data-i13n=\"cpos:23;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/inflation-consumer-price-increases-in-september-come-in-slightly-hotter-than-estimates-125129070.html\" data-ylk=\"slk:consumer;cpos:23;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">consumer<\/a> and <a data-i13n=\"cpos:24;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/us-producer-prices-unchanged-september-124011154.html\" data-ylk=\"slk:wholesale inflation;cpos:24;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">wholesale inflation<\/a> are building a case for no rate cut in November, some analysts argue. Retail sales data later in the week will feed into the debate as to whether the economy has held up in the face of Fed policy \u2014 the preferred soft landing.<\/p>\n<p><em>Read more: <\/em><a data-i13n=\"cpos:25;pos:1\" href=\"https:\/\/finance.yahoo.com\/personal-finance\/what-a-fed-rate-cut-would-mean-for-bank-accounts-cds-loans-and-credit-cards-183320880.html\" data-ylk=\"slk:What the Fed rate cut means for bank accounts, CDs, loans, and credit cards;cpos:25;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\"><em>What the Fed rate cut means for bank accounts, CDs, loans, and credit cards<\/em><\/a><\/p>\n<div class=\"caas-liveblog\" data-id=\"c9d58d66-52f5-4298-884d-389a67f7435c\" data-count=\"20\" data-polling-enabled=\"1\" data-maxfailureallowed=\"3\" data-postid-first=\"7ea24d5c-7e27-4c8c-941f-970831905b42\" data-postid-last=\"55dfdb4f-b828-4caf-8558-e0f2de3e93ac\" data-pagination-first-uuid=\"7ea24d5c-7e27-4c8c-941f-970831905b42\" data-pagination-last-uuid=\"55dfdb4f-b828-4caf-8558-e0f2de3e93ac\" data-refresh-delay=\"60000\" data-share-post-enabled=\"0\" data-share-url=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-sp-500-head-for-records-nasdaq-jumps-as-nvidia-surges-155755532.html\" data-fetchby=\"older\" data-imagelightboxminimumwidth=\"700\" data-site=\"finance\" data-appid=\"finance_web\" data-region=\"US\" data-article-uuid=\"ca4d26d3-2c9b-4d11-8aec-e832a2efe463\">\n<p><span class=\"caas-live-blog-section-badge isLive\" data-islive=\"1\">Live<\/span><span class=\"caas-live-blog-section-badge-count\">12 updates<\/span><\/p>\n<ul class=\"caas-liveblog-list\">\n<li class=\"caas-liveblogpost\" data-id=\"7ea24d5c-7e27-4c8c-941f-970831905b42\" id=\"7ea24d5c-7e27-4c8c-941f-970831905b42\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fo.aolcdn.com%2Fimages%2Fdims%3Fimage_uri%3Dhttps%253A%252F%252Fo.aolcdn.com%252Fimages%252Fdims%253Fimage_uri%253Dhttps%25253A%25252F%25252Fo.aolcdn.com%25252Fimages%25252Fdims%25253Fimage_uri%25253Dhttps%2525253A%2525252F%2525252Fs.yimg.com%2525252Fos%2525252Fcreatr-uploaded-images%2525252F2019-07%2525252F67958070-a40a-11e9-aa7a-12d401a63b6e%252526compress%25253D1%252526progressive%25253D1%252526quality%25253D75%252526client%25253Dhawkeye%252526signature%25253D9a7bcc72381bd5c3c894e608042d79e456931e27%2526compress%253D1%2526progressive%253D1%2526quality%253D75%2526client%253Dhawkeye%2526signature%253D3dc19289d18a4f3c1e3834c6954aaa4432ef1844%26compress%3D1%26progressive%3D1%26quality%3D75%26client%3Dhawkeye%26signature%3Dc0e2b904dfa36a25b82aaefeff914f91afb7543e&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=2e56329b8871cc620ac60ca7e2efbe828e2bfffe\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728930638000\">Mon, October 14, 2024 at 11:30 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">China growth forecast boosted at Goldman Sachs <\/h2>\n<div class=\"body\">\n<p>Goldman Sachs upgraded its China growth forecast over the weekend, citing <a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/what-chinas-fading-stock-rally-could-mean-for-investors-173649907.html\" data-ylk=\"slk:recent stimulus measures;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">recent stimulus measures <\/a>and <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/chinas-finance-minister-says-room-051504038.html?fr=sycsrp_catchall\" data-ylk=\"slk:new commentary from government officials;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">new commentary from government officials<\/a> that showed an openness to spend more aggressively to revive its economy.<\/p>\n<p>The bank raised its full-year China GDP forecast to 4.9% from 4.7% and also upped its 2025 growth prediction to 4.7% from 4.3%. Beijing has previously said it&#8217;s aiming for an annual growth target of <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/www.cnn.com\/2024\/03\/04\/business\/china-two-sessions-gdp-defence-budget-intl-hnk\/index.html#:~:text=China%20has%20set%20an%20ambitious%20economic%20expansion%20target,the%20face%20of%20significant%20challenges%20facing%20its%20development.\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:&quot;around 5%.&quot;;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">&#8220;around 5%.&#8221;<\/a><\/p>\n<p>On Saturday, China&#8217;s finance ministry hinted at another large stimulus package to support the country&#8217;s ailing property sector and suggested more government borrowing, although the ministry stopped short of unveiling the exact size or scale of spending.<\/p>\n<p>Although vague, the comments left the door open for a more aggressive fiscal package, <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/what-chinas-fading-stock-rally-could-mean-for-investors-173649907.html\" data-ylk=\"slk:which investors are increasingly betting on;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">which investors are increasingly betting on<\/a> as Beijing attempts to pull itself out of a long slump spurred by deflationary pressures from a sluggish property market and weak domestic demand.<\/p>\n<p>Optimism that the government will follow through boosted Chinese stocks on Monday with the Shanghai Composite (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/000888.SS\" data-ylk=\"slk:000888.SS;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">000888.SS<\/a>), a key indicator of the overall performance of the Chinese stock market, rising more than 2%.<\/p>\n<p>Similarly, China\u2019s benchmark CSI 300 (<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/000300.SS\" data-ylk=\"slk:000300.SS;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">000300.SS<\/a>) finished the day up just under 2% to recover from<a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/what-chinas-fading-stock-rally-could-mean-for-investors-173649907.html\" data-ylk=\"slk:last week's lows;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\"> last week&#8217;s lows<\/a>. The index is up 25% over the past month on the heels of China unleashing its<a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/what-chinas-biggest-stimulus-since-the-pandemic-means-for-us-investors-morning-brief-100039804.html?fr=sycsrp_catchall\" data-ylk=\"slk:most aggressive monetary stimulus;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\"> most aggressive monetary stimulus <\/a>since the pandemic.<\/p>\n<p><a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/china-growth-forecast-upgraded-at-goldman-sachs-amid-stimulus-efforts-164713052.html\" data-ylk=\"slk:Read more here.;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">Read more here. <\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"57dff961-8fe0-4c50-a762-7ac7f38a7263\" id=\"57dff961-8fe0-4c50-a762-7ac7f38a7263\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-07\/faabf0d0-452a-11ef-b3a6-c9f8d89c395d\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728927966000\">Mon, October 14, 2024 at 10:46 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Bitcoin rally pulls crypto-related stocks higher<\/h2>\n<div class=\"body\">\n<p>Bitcoin (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BTC-USD\" data-ylk=\"slk:BTC-USD;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BTC-USD<\/a>) is up more than 5% in the past 24 hours to touch above $65,700 per coin. The world&#8217;s largest cryptocurrency has been surging in recent days and is now up about 8% over the past five trading sessions.<\/p>\n<p>Other cryptocurrency Ethereum (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/ETH-USD\" data-ylk=\"slk:ETH-USD;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">ETH-USD<\/a>) has also rallied, adding nearly 8%, in the past 24 hours. Then risk-on rally in crytpo is helping crypto-related US equities, catch a bid too.<\/p>\n<p>Shares of Coinbase (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/COIN\" data-ylk=\"slk:COIN;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">COIN<\/a>) are the leader in the space today, rising more than 8%.<\/p>\n<figure class=\"caas-figure\">\n<div class=\"caas-figure-with-pb\" style=\"max-height: 360px\">\n<div>\n<div class=\"caas-img-container caas-img-loader\" style=\"padding-bottom:56%\"><img decoding=\"async\" class=\"caas-img caas-lazy has-preview\" alt=\"Source: Yahoo Finance\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/LTk0IOzkPTeXovK5QnEjEA--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyODA7aD03MjA-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-10\/04aff0e0-8a54-11ef-8eb9-e5f6c67d611d\"\/><img decoding=\"async\" alt=\"Source: Yahoo Finance\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/LTk0IOzkPTeXovK5QnEjEA--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyODA7aD03MjA-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-10\/04aff0e0-8a54-11ef-8eb9-e5f6c67d611d\" class=\"caas-img\"\/><\/div>\n<\/div>\n<\/div>\n<p><figcaption class=\"caption-collapse\">Source: Yahoo Finance<\/figcaption><\/p>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"2a31d29f-6ee9-4512-9037-9017a99a2acf\" id=\"2a31d29f-6ee9-4512-9037-9017a99a2acf\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fo.aolcdn.com%2Fimages%2Fdims%3Fimage_uri%3Dhttps%253A%252F%252Fo.aolcdn.com%252Fimages%252Fdims%253Fimage_uri%253Dhttps%25253A%25252F%25252Fo.aolcdn.com%25252Fimages%25252Fdims%25253Fimage_uri%25253Dhttps%2525253A%2525252F%2525252Fs.yimg.com%2525252Fos%2525252Fcreatr-uploaded-images%2525252F2019-07%2525252F67958070-a40a-11e9-aa7a-12d401a63b6e%252526compress%25253D1%252526progressive%25253D1%252526quality%25253D75%252526client%25253Dhawkeye%252526signature%25253D9a7bcc72381bd5c3c894e608042d79e456931e27%2526compress%253D1%2526progressive%253D1%2526quality%253D75%2526client%253Dhawkeye%2526signature%253D3dc19289d18a4f3c1e3834c6954aaa4432ef1844%26compress%3D1%26progressive%3D1%26quality%3D75%26client%3Dhawkeye%26signature%3Dc0e2b904dfa36a25b82aaefeff914f91afb7543e&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=2e56329b8871cc620ac60ca7e2efbe828e2bfffe\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728925237000\">Mon, October 14, 2024 at 10:00 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">DJT stock is on a tear. Again. <\/h2>\n<div class=\"body\">\n<p>Trump Media &amp; Technology Group stock (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/DJT\/\" data-ylk=\"slk:DJT;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">DJT<\/a>) extended its massive rally on Monday, jumping as much as 9% as investors bet on former president Donald Trump&#8217;s improved odds of winning the November election.<\/p>\n<p>Over the weekend, both domestic and overseas betting markets shifted in favor of a Trump victory, with prediction sites like <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/polymarket.com\/elections\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Polymarket;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Polymarket<\/a>, <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/www.predictit.org\/markets\/detail\/7456\/Who-will-win-the-2024-US-presidential-election\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:PredictIt;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">PredictIt<\/a> and <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/kalshi.com\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Kalshi;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Kalshi<\/a> all showing Trump&#8217;s presidential chances ahead of those of Democratic nominee and current Vice President Kamala Harris.<\/p>\n<p>Separately, DJT <a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/10\/14\/2962555\/0\/en\/Trump-Media-Announces-Release-of-Truth-Streaming-on-the-Web.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:announced the web-launch;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">announced the web-launch<\/a> of its Truth+ TV streaming service on Monday. The app is currently available to access on Android devices and will soon be released as a native Apple iOS app.<\/p>\n<p>DJT shares <a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/djt-stock-plummets-to-new-lows-after-lockup-period-expires-174815865.html\" data-ylk=\"slk:traded at their lowest level since the company's debut;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">traded at their lowest level since the company&#8217;s debut <\/a>following the expiration of the company&#8217;s highly publicized lockup period last month. The stock has also been under pressure as previous polling saw Harris edging slightly ahead of the former president.<\/p>\n<p>Trump&#8217;s recent campaign momentum follows an appearance by Elon Musk at his rally in Butler, Pa. earlier this month. It was the same location where the former president <a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/djt-stock-soars-after-donald-trump-survives-assassination-attempt-180135353.html\" data-ylk=\"slk:survived an assassination attempt;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">survived an assassination attempt<\/a> in July.<\/p>\n<p>Meanwhile, Harris has <a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/www.yahoo.com\/news\/kamala-harris-kicks-off-a-busy-week-of-media-appearances-from-call-her-daddy-to-howard-stern-and-the-view-182228689.html?fr=sycsrp_catchall\" data-ylk=\"slk:recently embarked;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">recently embarked<\/a> on a flurry of media appearances in which she was pressed on how she would fund some of her proposals surrounding the economy and immigration.<\/p>\n<p><a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/djt-stock-extends-massive-rally-as-election-odds-shift-in-donald-trumps-favor-164614651.html\" data-ylk=\"slk:Read more here.;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">Read more here.<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"a645394a-a731-4ceb-afa3-a8a158b92b98\" id=\"a645394a-a731-4ceb-afa3-a8a158b92b98\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2019-06%2F97285f00-895d-11e9-9b7a-2b53cff69736&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=9c0d71acf684c03ee294d31b319e6ee0f5427b68\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728922538000\">Mon, October 14, 2024 at 9:15 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Fed\u2019s Kashkari said &#8216;modest&#8217; rate cuts are &#8216;likely&#8217; in the coming quarters<\/h2>\n<div class=\"body\">\n<p>Yahoo Finance&#8217;s Jennifer Schonberger reports:<\/p>\n<p>Minneapolis Fed president Neel Kashkari said Monday that it\u2019s &#8220;likely&#8221; the central bank will make &#8220;modest&#8221; <a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/cpi-bolsters-hawkish-view-that-fed-rate-cuts-need-to-be-gradual-151034787.html\" data-ylk=\"slk:interest rate reductions;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">interest rate reductions<\/a> in the &#8220;coming quarters.&#8221;<\/p>\n<p>Monetary policy, he said while speaking in Argentina, remains &#8220;overall restrictive,&#8221; though how restrictive is unclear to him.<\/p>\n<p>The job market remains strong, he added, noting that recent data showed that a rapid weakening in that market doesn\u2019t appear to be &#8220;imminent.&#8221;<\/p>\n<p>Thus, &#8220;It appears likely that further modest reductions in our policy rate will be appropriate in the coming quarters to achieve both sides of our mandate,&#8221; Kashkari said.<\/p>\n<p>Read <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/feds-kashkari-said-modest-rate-cuts-are-likely-in-the-coming-quarters-143705804.html\" data-ylk=\"slk:more here.;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">more here. <\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"a35f689b-7bf1-447e-8a0a-9f24fc3690b2\" id=\"a35f689b-7bf1-447e-8a0a-9f24fc3690b2\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2019-06%2F97285f00-895d-11e9-9b7a-2b53cff69736&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=9c0d71acf684c03ee294d31b319e6ee0f5427b68\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728920206000\">Mon, October 14, 2024 at 8:36 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Dow, S&amp;P 500 hold near record as tech, utilities leads rally<\/h2>\n<div class=\"body\">\n<p>Technology and Utility stocks rose on Monday, helping lift the Dow Jones Industrial Average (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EDJI\" data-ylk=\"slk:^DJI;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^DJI<\/a>) up 0.3% and the S&amp;P 500 (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EGSPC\" data-ylk=\"slk:^GSPC;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^GSPC<\/a>) up 0.6%. Both major averages were on pace to close at a fresh record high.<\/p>\n<p>The tech-heavy Nasdaq Composite (^<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EIXIC\/\" data-ylk=\"slk:IXIC;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">IXIC<\/a>) rose the most among the major averages, up 0.7%.<\/p>\n<figure class=\"caas-figure\">\n<div class=\"caas-figure-with-pb\" style=\"max-height: 360px\">\n<div>\n<div class=\"caas-img-container caas-img-loader\" style=\"padding-bottom:56%\"><img decoding=\"async\" class=\"caas-img caas-lazy has-preview\" alt=\"Utilities and Technology gained on Monday\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/M8og64A2NNC9ZCk6.J9iMQ--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyODA7aD03MjA-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-10\/fcab8060-8a41-11ef-be5b-46b83c8b9c46\"\/><img decoding=\"async\" alt=\"Utilities and Technology gained on Monday\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/M8og64A2NNC9ZCk6.J9iMQ--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyODA7aD03MjA-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-10\/fcab8060-8a41-11ef-be5b-46b83c8b9c46\" class=\"caas-img\"\/><\/div>\n<\/div>\n<\/div>\n<p><figcaption class=\"caption-collapse\">Utilities and Technology gained on Monday<\/figcaption><\/p>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"b35285e1-1ae5-4e07-89d4-a65c791ccb78\" id=\"b35285e1-1ae5-4e07-89d4-a65c791ccb78\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-09\/fac61620-778b-11ef-9fff-b9b1b2108597\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728920009000\">Mon, October 14, 2024 at 8:33 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">SoFi stock soars on $2 billion Fortress deal to expand loan platform<\/h2>\n<div class=\"body\">\n<p>SoFi Technologies (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/SOFI\" data-ylk=\"slk:SOFI;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">SOFI<\/a>) stock jumped as much as 9% after the online lender announced a $2 billion agreement with Fortress Investment Group to expand its loan platform business. The segment refers pre-qualified borrowers to loan origination partners and connects lenders with borrowers.<\/p>\n<p>The move reflects SoFi&#8217;s strategy of diversifying from its roots in student loan refinancing.<\/p>\n<p>&#8220;SoFi\u2019s loan platform business is an important part of our strategy to serve the financial needs of more members and diversify toward less capital-intensive and more fee-based sources of revenue,&#8221; said Anthony Noto, CEO of SoFi, in a <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/sofi-expands-loan-platform-business-120000436.html\" data-ylk=\"slk:statement;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">statement<\/a>.<\/p>\n<p>Of the Wall Street analysts covering the stock tracked by Bloomberg, only six recommend buying the stock, while 10 have Hold ratings and three have Sell ratings. The stock is up nearly 20% from last year but far from its record intraday high near $27 upon its IPO in 2021.<\/p>\n<p>Analysts see shares falling to $8.91 over the next 12 months, according to Bloomberg data.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"31788634-7dcc-4c89-8047-da50e3995364\" id=\"31788634-7dcc-4c89-8047-da50e3995364\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2019-06%2F97285f00-895d-11e9-9b7a-2b53cff69736&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=9c0d71acf684c03ee294d31b319e6ee0f5427b68\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728916591000\">Mon, October 14, 2024 at 7:36 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Dow climbs into green territory, holds near record<\/h2>\n<div class=\"body\">\n<p>The Dow Jones Industrial Average (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EDJI\" data-ylk=\"slk:^DJI;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^DJI<\/a>) clawed its way into green territory by 10:30 a.m ET to hover at new intraday record highs. The blue-chip index had slipped as much as 0.3% shortly after the market open following a record close on Friday.<\/p>\n<p>Meanwhile the S&amp;P 500 (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EGSPC\" data-ylk=\"slk:^GSPC;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^GSPC<\/a>) gained 0.6% Monday, on pace for another record close.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"e8240a9a-bc8b-4edb-8fb8-664206d25b6b\" id=\"e8240a9a-bc8b-4edb-8fb8-664206d25b6b\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-09\/fac61620-778b-11ef-9fff-b9b1b2108597\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728915221000\">Mon, October 14, 2024 at 7:13 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">TSMC stock hits record high, rejoins $1 trillion club<\/h2>\n<div class=\"body\">\n<p>Nvidia (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\" data-ylk=\"slk:NVDA;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">NVDA<\/a>) supplier TSMC (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/TSM\" data-ylk=\"slk:TSM;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">TSM<\/a>) saw shares of its US-listed equity rise more than 1% in early trading, with the stock notching a new record intraday price of $193.96 per share and rejoining the $1 trillion club.<\/p>\n<p>TSMC shares previously hit an all-time high above $193 each in July after the Taiwanese contract chipmaker reported second quarter earnings. That surge briefly put its market capitalization above $1 trillion before shares pared gains. The stock fell back to earth as investors weighed its high valuation multiples, geopolitical risks, and concerns over AI demand.<\/p>\n<p>TSMC last week revealed third quarter revenue of 759.7 billion New Taiwan dollars ($23.6 billion). That beat the NT$748.3 ($23.3 billion) expected, according to Bloomberg data, as well as the company&#8217;s prior guidance of $22.4 billion to $23.2 billion.<\/p>\n<p>Some 23 Wall Street analysts covering the stock tracked by Bloomberg recommend buying TSMC shares, while only one analyst has a Hold rating. Analysts see shares rising to $216.59 each over the next 12 months, according to Bloomberg data.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"895770d7-f24c-43c7-92ab-8c678720b69d\" id=\"895770d7-f24c-43c7-92ab-8c678720b69d\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2019-06%2F97285f00-895d-11e9-9b7a-2b53cff69736&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=9c0d71acf684c03ee294d31b319e6ee0f5427b68\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728914437000\">Mon, October 14, 2024 at 7:00 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Boeing slips more than 2% as plane maker plans cuts 10% of workforce, strike enters 5th week, <\/h2>\n<div class=\"body\">\n<p>Boeing (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BA\" data-ylk=\"slk:BA;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BA<\/a>) shares slipped more than 2% as investors <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/boeing-endless-doom-loop-gives-180000720.html\" data-ylk=\"slk:questioned the crisis-hit plane maker's future;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">questioned the crisis-hit plane maker&#8217;s future<\/a> amid job cuts and a strike that is now in its fifth week.<\/p>\n<p>On Friday, the company said it will cut 17,000 jobs, or about 10% of its workforce.<\/p>\n<p>&#8220;Beyond navigating our current environment, restoring our company requires tough decisions and we will have to make structural changes to ensure we can stay competitive and deliver for our customers over the long term,&#8221; CEO Kelly Ortberg said in a message to employees posted on Boeing&#8217;s website on Friday.<\/p>\n<p>An ongoing strike by Boeing&#8217;s biggest union, the International Association of Machinists and Aerospace Workers (IAM), is proving costly on several fronts for the company.<\/p>\n<p>S&amp;P Global put the cost estimate of the strike that started on Sept. 1 at roughly $1 billion per month. Last week, talks between Boeing and IAM broke down, with the company withdrawing its contract proposal.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"adf792fa-93e2-46e9-8943-85fb00eeb3f8\" id=\"adf792fa-93e2-46e9-8943-85fb00eeb3f8\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2019-06%2F97285f00-895d-11e9-9b7a-2b53cff69736&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=9c0d71acf684c03ee294d31b319e6ee0f5427b68\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728913592000\">Mon, October 14, 2024 at 6:46 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Nvidia climbs 2%, hovers near record<\/h2>\n<div class=\"body\">\n<p>Nvidia (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\" data-ylk=\"slk:NVDA;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">NVDA<\/a>) stock jumped more than 2% at the open on Monday, surpassing its June record high close of $135.58.<\/p>\n<p>The stock was a couple of dollars away from its all-time intraday high just past $140.76.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"a420ec52-e188-4f93-8c86-680403f0feff\" id=\"a420ec52-e188-4f93-8c86-680403f0feff\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2019-06%2F97285f00-895d-11e9-9b7a-2b53cff69736&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=9c0d71acf684c03ee294d31b319e6ee0f5427b68\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728912658000\">Mon, October 14, 2024 at 6:30 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">S&amp;P 500 eyes fresh record, Dow slips as focus shifts to earnings<\/h2>\n<div class=\"body\">\n<p>The major averages opened mixed on Monday as investors turned their focus to upcoming big bank earnings and other quarterly results from major companies.<\/p>\n<p>The S&amp;P 500 (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EGSPC\" data-ylk=\"slk:^GSPC;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^GSPC<\/a>) moved up roughly 0.3% to eye a new record high. On Friday, the broader index <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-and-sp-500-notch-record-highs-as-earnings-season-kicks-off-200036434.html\" data-ylk=\"slk:ended above 5,800 for the first time;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">ended above 5,800 for the first time<\/a>.<\/p>\n<p>The tech-heavy Nasdaq Composite (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EIXIC\" data-ylk=\"slk:^IXIC;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^IXIC<\/a>) was up 0.5% soon after the bell on Monday, while the Dow Jones Industrial Average (<a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EDJI\" data-ylk=\"slk:^DJI;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^DJI<\/a>) slipped 0.2% from its Friday record close.<\/p>\n<p>Earnings season continues in full swing this week, with Citi (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/C\" data-ylk=\"slk:C;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">C<\/a>), United Airlines (<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/UAL\" data-ylk=\"slk:UAL;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">UAL<\/a>), AI chip equipment maker ASML (<a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/ASML\" data-ylk=\"slk:ASML;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">ASML<\/a>), Netflix (<a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/NFLX\/\" data-ylk=\"slk:NFLX;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">NFLX<\/a>), and American Express (<a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/AXP\" data-ylk=\"slk:AXP;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">AXP<\/a>) among those expected to report.<\/p>\n<p>Oil futures dropped more than 2% as OPEC cut its demand forecast for 2024 and 2025. Traders also reacted to a lack of detail from China&#8217;s Finance Minister over the weekend on any large new stimulus spending.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"55dfdb4f-b828-4caf-8558-e0f2de3e93ac\" id=\"55dfdb4f-b828-4caf-8558-e0f2de3e93ac\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-09\/fac61620-778b-11ef-9fff-b9b1b2108597\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728911806000\">Mon, October 14, 2024 at 6:16 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Nvidia stock eyes record high and top spot as most valuable company ahead of Apple<\/h2>\n<div class=\"body\">\n<p>Nvidia (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\" data-ylk=\"slk:NVDA;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">NVDA<\/a>) stock rose 1% in premarket trading to $136.22, putting the chipmaking giant <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/nvidia-stock-eyes-record-high-as-ai-boom-continues-162338132.html\" data-ylk=\"slk:on track to surpass its previous record;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">on track to surpass its previous record<\/a> closing price of $135.58 posted <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/stock-market-today-sp-500-nasdaq-notch-records-as-nvidia-takes-crown-from-microsoft-as-most-valuable-stock-200043474.html?fr=sycsrp_catchall\" data-ylk=\"slk:in June.;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">in June.<\/a><\/p>\n<p>The AI chipmaker&#8217;s shares have made substantial gains in October following a massive $6.6 billion funding round for ChatGPT-maker OpenAI, much of which will be <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/nvidia-stock-rises-as-ceo-jensen-huang-touts-insane-chip-demand-162700341.html\" data-ylk=\"slk:funneled back to Nvidia;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">funneled back to Nvidia<\/a>. AI leaders, including Nvidia CEO Jensen Huang, have cited furious demand for the company&#8217;s latest Blackwell chips. Its stock is up 8% over the past week.<\/p>\n<p>Nvidia&#8217;s gains put it on track to once again claim the rank of No. 1 most valuable company in the world in terms of market capitalization. It currently holds the No. 2 position behind Apple (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/AAPL\" data-ylk=\"slk:AAPL;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">AAPL<\/a>). The chipmaker&#8217;s market cap stood at $3.3 trillion Monday, while Apple&#8217;s was $3.46 trillion. Apple, Microsoft (<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/MSFT\" data-ylk=\"slk:MSFT;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">MSFT<\/a>), and Nvidia have traded places as the top three companies over the past year.<\/p>\n<p>Nvidia is set to report earnings on Nov. 19. Wall Street analysts expect it to report revenue of $33 billion, up 82% from the prior year, according to Bloomberg consensus estimates. Some 90% of those covering the stock and tracked by Bloomberg recommend buying Nvidia shares.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-sp-500-head-for-records-nasdaq-jumps-as-nvidia-surges-155755532.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stocks rose toward fresh record highs on Monday as Nvidia (NVDA) led a risk-on rally in the market that permeated through most sectors and even into cryptocurrencies. The S&amp;P &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=114242\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-114242","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/114242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114242"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/114242\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}