Stock Market Update
18-Nov-24 12:00 ET
NVDA trails broader equity market after reports of AI chip worries
Dow -6.78
at 43438.21,
Nasdaq +131.96
at 18812.10,
S&P +25.65
at 5896.28
[BRIEFING.COM] The Dow Jones Industrial Average trades slightly lower again after briefly moving into positive territory.
DJIA component NVIDIA (NVDA 140.26, -1.73, -1.2%) has underperformed the broader equity market following news that customers are worried about overheating snags with its AI chips, according to The Information. NVIDIA reports earnings results after Wednesday's close.
This week's calendar also features earnings results from retailers like Walmart (WMT 83.71, -0.53, -0.6%), Target (TGT 155.51, +3.38, +2.2%), Lowe's (LOW 272.40, +3.00, +1.1%), TJX (TJX 119.89, -0.08, -0.1%), and Ross Stores (ROST 140.86, +0.17, +0.2%).
