Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Small movements on the New York Stock Exchange

The movements were small when Thursday's trading day on Wall Street ended – after balancing between plus and minus before closing.

» Published: 17 October 2024

Small movements on the New York Stock Exchange
Photo: Peter Morgan/AP/TT

Broad S&P 500 index and technology-heavy Nasdaq composite index traded sideways. Dow Jones industrial index increased by 0.4 percent.

Nvidia led the way along with other companies in the semiconductor sector after Taiwanese TSMC, one of the largest producers in the semiconductor industry, reported a third-quarter result that exceeded expectations. Much of the sales success is due to strong sales at the company's major customer Nvidia, which develops chips needed for AI development.

The increase, however, slowed down before closing, and Nvidia ended up with a plus of 0.9 percent.

The upswing for the industry was a strong turnaround from Tuesday when Dutch semiconductor company ASML released its report, which was a disappointment and caused the industry's shares to fall.

Netflix fell 2.0 percent ahead of its quarterly report, which was published after the market closed.

Retail sales in the US increased by 0.4 percent in September compared to August, which was slightly more than what analysts had expected, according to Thursday's fresh statistics.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Central Bank Economist: Central Bank Cuts Interest Rate Too Late
2 MIN READ

Central Bank Economist: Central Bank Cuts Interest Rate Too Late

How You Are Affected by Lowered Interest Rates
2 MIN READ

How You Are Affected by Lowered Interest Rates

The Central Bank doubles down - uncertainty after Trump's victory
2 MIN READ

The Central Bank doubles down - uncertainty after Trump's victory

Inflation upswing does not threaten interest rate cuts
3 MIN READ

Inflation upswing does not threaten interest rate cuts

Stockholm Stock Exchange Rises at Opening
1 MIN READ

Stockholm Stock Exchange Rises at Opening

Most up on Asian stock exchanges
1 MIN READ

Most up on Asian stock exchanges

This is how your wallet can be affected by Trump's victory
2 MIN READ

This is how your wallet can be affected by Trump's victory

Cheerful on Wall Street after Trump win
1 MIN READ

Cheerful on Wall Street after Trump win

Thousand-kronor notes to be picked up when the Central Bank increases the pace
3 MIN READ

Thousand-kronor notes to be picked up when the Central Bank increases the pace

Swish up and running again after disruption
1 MIN READ

Swish up and running again after disruption

Trump's company is soaring on the stock exchange
1 MIN READ

Trump's company is soaring on the stock exchange

Swedish Export Threatened by Trump Victory
2 MIN READ

Swedish Export Threatened by Trump Victory

Sameby's appeal against mining company rejected
1 MIN READ

Sameby's appeal against mining company rejected

Inflation Expectations Fall
1 MIN READ

Inflation Expectations Fall

Better than expected for Novo Nordisk
1 MIN READ

Better than expected for Novo Nordisk

No "Trump Effect" on the Stockholm Stock Exchange
1 MIN READ

No "Trump Effect" on the Stockholm Stock Exchange

Stock Market Euphoria as Trump Heads for Victory
2 MIN READ

Stock Market Euphoria as Trump Heads for Victory

Rush on the Tokyo Stock Exchange after the election night
1 MIN READ

Rush on the Tokyo Stock Exchange after the election night