Nasdaq, 500 and Wall Street
Digest more
Wall Street pauses near record highs
Digest more
Wall Street benchmarks closed modestly higher on Wednesday, with the Nasdaq Composite achieving its latest record finish, despite a chaotic half hour when news reports suggested U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell.
Nvidia (NASDAQ: NVDA) stock currently trades for around $155. However, Loop Capital just gave Nvidia a new price target of $250 per share. That indicates around 60% upside from today's price, but the implications of a $250-per-share stock are far greater.
Wall Street’s major averages continue their upward trajectory in July, with the S&P 500 (SP500) and Nasdaq Composite (COMP:IND) reaching fresh all-time highs. Meanwhile, the Dow (DJI) remains just shy of its own record,
23hon MSNOpinion
Trump's call for a minimum 15-20% tariff on imports from the European Union, as reported by the Financial Times, is a reminder that global trade tensions are still alive and could yet hit growth and fuel inflation.
Wall Street was set for a slightly higher open on Tuesday as a full U.S. approval of a COVID-19 shot boosted shares of energy and travel-related companies, while gains in technology stocks put the ...