Dow Jones Rises After Economic Data; Warren Buffett Stock Dives As Nvidia Rival Falls (Live Coverage)

Blockhead10-30 22:41

The Dow Jones Industrial Average rose 0.4% in early trades after fresh economic data Wednesday helped yields ease away from recent highs. The S&P 500 gained 0.2% in the stock market today while the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2479846787?lang=en_US&edition=fundamental","thumbnail":"https://www.investors.com/wp-content/uploads/2023/10/Stock-amd-CEOLisaSu-04-company-150x150.jpg","is_english":true,"pubTime":"2024-10-30 22:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2479846787","market":"hk","top_or_hot":-1,"title":"Dow Jones Rises After Economic Data; Warren Buffett Stock Dives As Nvidia Rival Falls (Live Coverage)","media":"Blockhead","content":"<div>\n<p>The Dow Jones Industrial Average rose 0.4% in early trades after fresh economic data Wednesday helped yields ease away from recent highs. The S&P 500 gained 0.2% in the stock market today while the ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-google-amd-stock/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Jones Rises After Economic Data; Warren Buffett Stock Dives As Nvidia Rival Falls (Live Coverage)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jones Rises After Economic Data; Warren Buffett Stock Dives As Nvidia Rival Falls (Live Coverage)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-30 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-google-amd-stock/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average rose 0.4% in early trades after fresh economic data Wednesday helped yields ease away from recent highs. The S&P 500 gained 0.2% in the stock market today while the ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-google-amd-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VOO","symbol_name":"Vanguard标普500ETF","start_time":0,"source_url":"https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-google-amd-stock/","article_id":"2479846787","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2023/10/Stock-amd-CEOLisaSu-04-company-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479846787","pubTimestamp":1730299288,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Dow Jones stocks fell after economic data in the stock market today. Nvidia rival Advanced Micro Devices fell while a Warren Buffett stock dived after earnings.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"VOO":"Vanguard标普500ETF","BK4514":"搜索引擎","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","NVDA":"英伟达","META":"Meta Platforms, Inc.","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","GRMN":"佳明","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","CAT":"卡特彼勒","UPRO":"三倍做多标普500ETF","MSFT":"微软","SDS":"两倍做空标普500ETF","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","BK4525":"远程办公概念","BK4524":"宅经济概念","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","CAT.AU":"CATAPULT GROUP INTERNATIONAL","BK7016":"应用软件","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","BK4550":"红杉资本持仓","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","3NVD.UK":"LS 3X NVIDIA","LU0109392836.USD":"富兰克林科技股A","CMG":"墨式烧烤","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IVV":"标普500指数ETF","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","DVA":"达维塔保健","LLY":"礼来","SPXU":"三倍做空标普500ETF","AMD":"美国超微公司","LU":"陆金所","CMG.AU":"Critical Minerals Group Limited","L":"洛斯公司","2NVD.UK":"2X NVIDIA ETP","FFTY":"Innovator IBD 50 ETF","OEX":"标普100",".SPX":"S&P 500 Index","WING":"Wingstop Inc."},"translate_title":"经济数据公布后道琼斯指数上涨；随着英伟达竞争对手的下跌，沃伦·巴菲特股价暴跌（现场报道）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WING":1,"GRMN":1,"FFTY":1,"DVA":1,"CMG.AU":1,"CMG":1,"CAT.AU":1,"CAT":1,"NVDA":0.9,"AMD":0.7,"LLY":0.7,"SPY":0.61,"VOO":0.61,"L":0.6,"META":0.6,"MSFT":0.6,"OEF":0.6,"SH":0.6,"OEX":0.6,"SDS":0.6,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6,"ESmain":0.6,"IVV":0.6,".SPX":0.6,"LU":0.6},"content_text":"The Dow Jones Industrial Average rose 0.4% in early trades after fresh economic data Wednesday helped yields ease away from recent highs. The S&P 500 gained 0.2% in the stock market today while the Nasdaq also rose 0.2% after closing at an all-time high on Tuesday.\nOn Wednesday, the ADP National Employment Report showed the economy added 233,000 jobs in October. Economists had expected 115,000, according to Econoday.\n\n\n\n↑\nX\n\n\n\n\nS&P 500 Giants Report Earnings. Will Megacap Results Sustain The Tech Rally?\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nS&P 500 Giants Report Earnings. Will Megacap Results Sustain The Tech Rally?\n\n\n\n\nWednesday's GDP release showed that the economy grew 2.8%, less than the expected 3%, during the third quarter. Personal consumption expenditures showed strong spending, up 3.7% vs. views of a 3% increase. September pending home sales soared 7.4% vs. forecasts for a 1% increase.\nAfter the economic reports, the yield on the benchmark 10-year Treasury note fell by nearly seven basis points to 4.2%.\nThe NYSE showed lower volume, as did the Nasdaq, compared with the same time on Tuesday.\nThe small-cap Russell 2000 traded 0.4% higher in the stock market today.\nThe Innovator IBD 50 ETF (FFTY) lagged the stock market, falling 0.4%.\nDow Jones Stocks\nCaterpillar (CAT) was an early earnings mover in the Dow. Shares fell below the 21-day exponential moving average and are now testing the 50-day line after a disappointing report and lower sales outlook. Sales declined 4% to $16.7 billion while earnings of $5.99 per share fell from the year-ago period.\nVisa (V) broke out from a cup-with-handle base's 291.04 buy point after fourth-quarter results were released late Tuesday. Both sales and earnings growth accelerated from the prior quarter to $2.71 earnings per share on sales of $9.6 billion. Visa was a top gainer in the Dow.\nOther financial stocks fared well in the Dow, while technology and health care components were mixed.\nStock Market Today\n\nMagnificent Seven leader Alphabet (GOOGL) rose after a strong third-quarter report. Sales grew 15% to $88.3 billion while earnings rose 28% to $2 per share. Ad search revenue was above estimates while the search giant also showed strong traction in generative AI queries. Shares traded 6.6% higher as the stock forms a base that has 191.75 as a buy point, according to IBD MarketSurge.\nNvidia (NVDA) rival Advanced Micro Devices (AMD) fell more than 9% after its outlook for the current quarter disappointed. Earnings of 92 cents per share were in line with estimates, while sales of $6.82 billion beat views. Shares triggered a sell signal as they fell below the 50-day moving average in high volume.\nDaVita (DVA) plunged 7% and undercut the 50-day moving average after its third-quarter results. According to Whalewisdom.com, the stock is a holding of Warren Buffett's Berkshire Hathaway (BRKB).\nMicrosoft, Meta Rise Ahead Of Earnings\nAmong the other Magnificent Seven stocks, Microsoft (MSFT) and Meta Platforms (META) will report earnings after the close. Microsoft is just above an entry at 441.85, while Meta approached an all-time high of 602.95.\nRecent new issue Reddit (RDDT) soared past a profit zone from a cup-with-handle base with a 69.11 buy point after its quarterly report. Sales grew 68% to $348.4 million while earnings of 16 cents per share reversed a year-ago loss.\nFitness device maker Garmin (GRMN) gapped up and broke away from a buy point of 184.42. The company beat estimates with sales of $1.5 billion and earnings of $1.58 per share and raised its outlook for the full year. The relative strength line is at a new high.\nLower sales of its two weight-loss drugs weighed on Eli Lilly (LLY). Third-quarter sales and earnings missed views, coming in at $1.18 per share on $11.44 billion in revenue. Wholesalers worked through inventory during the quarter, according to the company, resulting in lower sales. Shares fell 13% and undercut the 200-day moving average.\nAmong restaurant stocks, Wingstop (WING) had already triggered a sell signal by falling below the 50-day moving average. Shares plummeted 17% Wednesday and undercut the 200-day moving average after earnings missed expectations. Chipotle Mexican Grill (CMG) fell below the 50-day line after its earnings report late Tuesday.\nPlease follow VRamakrishnan on X/Twitter for more news on the stock market today.\nYOU MAY ALSO LIKE:\nIs Nvidia A Buy?\nIBD Live: Learn And Analyze Growth Stocks With The Pros\nLearn How To Time The Market With IBD's ETF Market Strategy\nMarketSurge: Research, Charts, Data And Coaching All In One Place\nHow To Research Growth Stocks: Why This IBD Tool Simplifies The Search For Top Stocks","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479846787"}