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Prosper planet pulse
Home»Stock Market»Stock Market Today: Live Updates
Stock Market

Stock Market Today: Live Updates

prosperplanetpulse.comBy prosperplanetpulse.comMay 8, 2024No Comments2 Mins Read0 Views
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It's not a bull market for anything other than AI-related chips, says Ritholtz's Josh Brown.

Futures prices, which track the Dow Jones Industrial Average, hovered near the flatline Wednesday night after the 30-stock index recorded its sixth consecutive day of wins.

dow futures 15 points (0.04%) added. S&P500 futures Hovering near the flat line, Nasdaq 100 futures It fell by nearly 0.06%.

In extended trading, airbnb It returned more than 8% as weak guidance clouded sales and bottom line growth in the first quarter.retail trading platform robin hood Sales rose nearly 6% after the company’s profits and sales beat expectations in the first quarter.

In regular trading on Wednesday, the S&P 500 fell slightly to close near the flatline. Nasdaq Composite It fell by about 0.2%. A series of declines in tech stocks weighed on the index. Uber and Shopify, both recently reported quarterly results. The Dow Jones Industrial Average, made up of his 30 stocks, outperformed the major averages by more than 170 points.

“We’re probably just remembering some of the enthusiasm we had at the beginning of the year,” Ritholtz Wealth Management CEO Josh Brown said of the “closing bell.” “April was the worst month we’ve had in a while. I think it was a precursor to some of the reactions we’re getting now after earnings.”

Investors will next turn their attention to quarterly results. warner bros discovery and Akamai Technologies on Thursday.

In terms of economic data, weekly unemployment claims numbers are expected to be released on Thursday morning.



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