On November 18, 2024, the U.S. stock market opened with mixed performance. The Dow Jones Industrial Average decreased by 0.09%, the NASDAQ Composite increased by 0.13%, and the S&P 500 slightly declined by 0.01%.

In sector performance, silver stocks saw significant gains with Pan American Silver (PAAS) rising 5.01%, First Majestic Silver (AG) up 5.36%, and Fortuna Silver Mines (FSM) increasing by 4.38%. The new energy vehicle sector also performed well, with Tesla (TSLA) up 4.73%, NIO (NIO) rising 1.92%, and XPeng (XPEV) increasing by 2.12%. Gold stocks also saw gains, with Gold Fields (GFI) up 5.93% and Harmony Gold Mining (HMY) rising 7.28%.

NVIDIA Corp fell by 1.61%. Traders are betting on significant volatility in Nvidia's stock following its earnings report, with expectations of a 12% price movement, equating to approximately $407 billion in market value. Nvidia's stock closed at $141.98 last Friday, and the company is highly anticipated to report strong third-quarter results.

Tesla Motors rose by 4.73%. Tesla benefited from reports that President-elect Donald Trump is seeking to create a federal framework for self-driving cars. Wedbush Securities rated Tesla as "outperform" with a target price of $400, citing potential regulatory support for autonomous vehicles.

Microsoft declined by 0.62%. Citigroup significantly increased its holdings in Tesla and Russell 2000 ETF put options while reducing its stake in Microsoft during the third quarter.

Alphabet increased by 0.40%. A Russian court fined Alphabet's Google 3.8 million rubles for failing to remove prohibited content. This is part of Russia's ongoing efforts to enforce its content regulations on foreign tech platforms.

Netflix fell by 0.77%. Netflix faced technical issues during the airing of a boxing match, but the event still attracted 60 million households, which the company views as a success in attracting a younger audience.