May 2, 2024

News and Political Commentary

Stocks, Futures Pause After Record-Busting Rally: Markets Wrap

2 min read

Stocks are ending the week on a calmer note as investors assess the outlook for equities after markets from the US to Europe and Japan hit all-time highs in the wake on Nvidia Corp.’s blockbuster earnings.

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(Bloomberg) — Stocks are ending the week on a calmer note as investors assess the outlook for equities after markets from the US to Europe and Japan hit all-time highs in the wake on Nvidia Corp.’s blockbuster earnings.

US futures were little changed on Friday after gains overnight pushed the S&P 500 and Nasdaq 100, along with MSCI’s all-county index, to new records. A buoyant outlook for Nvidia, the most valuable chipmaker, helped it surge 16% amid artificial-intelligence mania.

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Bloomberg News

2024-02-23 03:38:26

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