Nvidia, Stock Market
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Nvidia, China and Trump
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Nvidia stock rose on Thursday. The chip maker is continuing to feel the benefits of resumed access to the Chinese market.Nvidia shares were up 1% at $173 in Thursday trading. The stock rose 0.4% on Wednesday.
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Investor's Business Daily on MSNStock Market Today: Dow Falls On Surprise Jobless Claims, Retail Sales; Nvidia Chipmaker TSMC Jumps On Earnings (Live Coverage)Futures on the Dow Jones Industrial Average and other major indexes were mixed Thursday, as Wall Street awaited to surprise initial jobless claims and U.S. retail sales data. Meanwhile, Taiwan SemiconductorTSM,
US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports and a surprise jump in retail sales. Investors are cautiously optimistic despite political tension as President Trump continues pressuring Fed Chair Jerome Powell over interest rate cuts.
That said, Nvidia is likely too large now to replicate its past investment returns. Low-double-digit annualized returns seem more realistic, making Nvidia a fantastic addition to a diversified portfolio, just not the life-altering stock it has been to this point.
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Investor's Business Daily on MSNStock Market Today: Circle, Nvidia, Palantir, Tesla Rally, But ASML, Chip Gear Firms Shellacked (Live Coverage)The Dow Jones index Wednesday trimmed gains that arrived after bank earnings and tame wholesale inflation data. ASML stock plunged on this warning.