New York stock market closes in negative territory

Published:

New York stock market closes in negative territory
Photo: Richard Drew/AP/TT

Wall Street was very volatile on Thursday. The broad S&P index rose nearly 2 percent at the open but closed clearly down.

The S&P fell 1.6 percent, the Dow Jones industrial average lost 0.8 percent and the Nasdaq's technology-heavy composite index fell 2.2 percent.

Among the yo-yo stocks was AI giant Nvidia, which late Wednesday night presented interim results in which both sales and profit were higher than analysts had predicted. The stock then rose in after-hours trading, continuing up 5 percent at the open on Thursday – but by the close Nvidia had fallen 3.2 percent.

Walmart went the other way. The department store giant surged 6.5 percent after delivering another successful quarterly report with increased sales and higher profits – figures that far exceeded forecasts.

Loading related articles...

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for our readers

More news

Loading related posts...