New York – American stock indices grow on Wednesday after a A four-day loser Circular wall street excluded all the time high and threw some of his brightest stars in the opposite.
WithAndP 500 rose 0.8% in the morning. Nasdaq Composite, which was the largest loser of the previous day, jumped 1.2%, while the Dow Jones industrially increased 188 points, or 0.4%, from 10:20 east.
Stock market trade struggling after some reports of expected than expected About the economy, including a couple proving American households become more pessimistic about inflation and Tariffs pushed President Donald Trump. Some of the hardest drops hit large technology and other high-rise supplies, whose incredible momentum has previously looked unstoppable.
Super Micro Computer, one of the shares that was indented in misery around Artificial intelligence Technology, she lost almost a quarter of her value for four days, for example. But on Wednesday, he aligned 23% after he finally filed his annual report for his fiscal year ended in June.
A company that sells servers used in AI and other computation, delayed the submission of the annual report and other necessary shapes after its Former accounting company He raised concern about some of his financial reporting and management. Super Micro then had to get extensions from Nasdaq to enroll the financial statements as well as conducted an overview And he hired another public accounting company.
General Motors withdrawn by 6.9% after the car manufacturer announced the purchase program for up to $ 6 billion of their stocks. It will also send more cash to their shareholders by increasing its dividend.
Most of the market attention remained at NvidiaThe company chips that became poster child and haste. He got up to 3.4% before his last profit report, which ends after trading for the day.
This will be the first earnings report For the company and his directorJensen Huang, from the Chinese contort, DeepseeekThey included the industry and saying that it developed a large language model that can compete with great American rivals without the need to use the most expensive chips. This was called into question, all consumption on Wall Street has taken over not only Nvidia’s chips, but also an ecosystem that was built around AI carriers, including electricity for power supply centers.
Some great technological companies have since said they still plan to invest billions of dollars in AI, encouraging signal for industry.
Nrg Energy jumped 10.3% on Wednesday after announcing to join GE Vernova and branch of the collection at the endeavor to generate more electricity for AI data centers. GE Vernov rose by 6.5%.
The NRG also reported results for the latest quarter, which is at the top of analyst expectation. Most other companies in sAndP 500 also delivers better profit for the end of 2024. years of expected analysts.
On the seller outside the price, TJX increased by 1.5% after entering the parade. The company behind TJ Maxx and Marshalls also said it plans to increase its dividend 13% and announce the program for purchasing up to $ 2.5 billion.
Wipers rose about whether US customers can cut their consumption on the day stubbornly high inflation and skating in terms of economy perspectives. But the TJX CEO Ernie Herrman said that his company benefited from his external model and sees many possibilities to grow in the long run.
In the bond market, the Treasury yields were held more stable after the last few days were poured in the recent days for caring for the American economy.
Yield on a 10-year-old cash registered up to 4.31% of 4.30% late Tuesday. It was approaching 4.80% only last month.
On Thursday, the US Trade Department will issue his third and final assessment as the American economy appeared in the fourth quarter of 2024. Years. The economy seems to be still in Solid formand growth continues Currently.
On stock exchanges, the indices have released most of Europe and Asia. The French CAC 40 climbed by 1.1%, and Hong Kong’s Hange Seng jumped 3.3%.
Tokyo is a Nikkei 225 index was external and slipped 0.2%. Large Japanese trading companies slipped after winnings held by billionaire Warren Buffett’s Discovering in his annual letter to shareholders that he has increased investments in Berkshire Hathaway in those companies.
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The Business Speakers of the AP Matt Ott and Elaine Kurtenbach contributed.
2025-02-26 15:50:00
