Wall Street posted modest gains led by Microsoft and Nvidia, with the Dow up 0.13%, the S&P 500 up 0.23%, and the Nasdaq up 0.8%.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribeexploring merging its Paramount+ streaming service
with another existing platform, according to people familiar with the matter. The company is in discussions with several media and tech firms, including's streaming platforms. The move signals a new wave of consolidation in the streaming industry as companies seek stronger footing in the highly competitive market., purchasing over 9 million shares valued at over $245 million, according to a Securities and Exchange Commission filing.
La Banque Postale Asset Management's Sebastian Paris Horvitz said the results were the"least bad" option for markets."If it's a split Congress, that's what the market likes because nothing gets done," Link said."That's what the markets want. They don't want any surprises."Despite the political uncertainty, many investors would like to see the markets build on Nasdaq's 18% and S&P 500's 14.5% gain in the first half.
— CNBC's Brian Evans, Samantha Subin, Yun Li, Fred Imbert, Alex Harring, Jenni Reid, Sophie Kiderlin, Tanaya Macheel, Spencer Kimball, Leslie Josephs and Alex Sherman contributed to this report.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CNBC Daily Open: Roaring Kitty, Nike flops, inflation on deckNike's shares fell 12% after cutting guidance. Roaring Kitty's post caused brief volatility in Chewy's stock. The S&P 500 gained slightly.
Read more »
CNBC Daily Open: Roaring Kitty YouTube live, advisory group against Musk's $56 billion payShares of GameStop popped nearly 50% after Gill, also known as Roaring Kitty, announced plans to go live on YouTube for the first time in almost four years.
Read more »
CNBC Daily Open: Roaring Kitty YouTube liveShares of GameStop popped nearly 50% after Gill, also known as Roaring Kitty, announced plans to go live on YouTube for the first time in almost four years.
Read more »
CNBC Daily Open: Roaring Kitty's wealth, Modi's victoryIndia’s Prime Minister Narendra Modi declared victory late on Tuesday, securing a historic third term.
Read more »
CNBC Daily Open: Roaring Kitty's wealth, Modi's victoryIndia’s Prime Minister Narendra Modi declared victory late on Tuesday, securing a historic third term.
Read more »
CNBC Daily Open: Roaring Kitty's wealth, Modi's victoryIndia’s Prime Minister Narendra Modi declared victory late on Tuesday, but in a shock loss, his party fell short of an outright majority.
Read more »