LIVE MARKETS-S&P 500 dips as Alphabet drops; Nvidia flat early

Reuters11-21 23:13
LIVE MARKETS-S&P 500 dips as Alphabet drops; Nvidia flat early

S&P 500, Nasdaq down slightly, Dow edges up

Comm. services leads S&P 500 sector decliners; industrials up most

Euro STOXX 600 index ~unchanged

Dollar slightly lower; gold up; crude up >1%; bitcoin up >2%

U.S. 10-Year Treasury yield edges down to ~4.38%

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

S&P 500 DIPS AS ALPHABET DROPS; NVIDIA FLAT AFTER RESULTS, FORECAST

The S&P 500 .SPX is edging lower in early trading Thursday, with shares of Nvidia NVDA.O little changed following its quarterly results and forecast but shares of Alphabet GOOGL.O falling after the Department of Justice said Alphabet's Google must divest Chrome.

Alphabet is down about 4%. The department said Google must sell its Chrome browser, share data and search results with rivals in order to end its monopoly on online search.

AI chipmaker Nvidia, which was the most anticipated earnings story of the week (and arguably the entire earnings season), delivered after the bell on Wednesday Street-beating results but its forecast, constrained by supply snags, fell short of expectations. Nvidia shares are down 0.03%.

Investors also are digesting a weekly report that showed jobless claims stood at 213,000, compared with expectations of 220,000.

(Caroline Valetkevitch)

*****

FOR THURSDAY'S EARLIER LIVE MARKETS POSTS:

CFRA SETS 2025 YEAR-END S&P 500 TARGET AT 6,585 - CLICK HERE

INDIAN EQUITIES ARE PRIMED FOR A DRAB FEW MONTHS, GS SAYS - CLICK HERE

BUYBACKS TO HELP LAGGING EUROPE - CLICK HERE

HOPE YOU'RE KEEPING UP - CLICK HERE

EUROPE BEFORE THE BELL: BUSY BUSY - CLICK HERE

early snapshot https://tmsnrt.rs/3ZhAsDy

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