The Dow Jones Industrial Average faces a nine-day losing streak, but the broader market remains strong. Nvidia's rally continues, while Nissan struggles with Japan's economic uncertainty.
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 subscribe.Nissan, which owns 24% of the company, making it the top shareholder, is struggling lately. Its second-quarter operating profit lost around 0.
4% as investors assessed the country's wider-than-expected trade deficit in November, and await the Bank of Japan's interest rate decision this week, according to data from Dealogic. The 63 deals this year raised $10.65 billion, more than 80% higher than the combined value in 2023. It's a sign that Chinese lawmakers'of 27 respondents, comprising economists, strategists and fund managers, showed that only 63% think it's the right move for the Fed., but the chipmaker is still up a 163.3% year to date. That suggests some investors may have been taking profit from Nvidia's breathtaking rally. Using charts, CNBC Pro analyzes when it's optimal for investors to In February 1978, the Bee Gees' song 'Stayin' Alive' was the top Billboard song of the month. It was also the anthem for the Dow Jones Industrial Average, which was struggling with nine straight days of losses. Almost fifty years ahead, the Dow is mired in a nine-day losing streak again. To take another cue from the Billboard chart, all investors want for Christmas is the Dow to stop bleeding red., which has contributed to more than half of the index's decline over the past eight sessions, noted CNBC's Yun Li. The health insurance company was rocked by aOutside the Dow, the stock market is still cheery. Despite the S&P and the Nasdaq also slipping in their last trading session, both indexes are hovering near their record closes. This suggests that it's mostly the Dow constituents — 'old-economy' stocks like industrials, financials and consumer discretionary — that are flailing
DOW JONES INVESTING NISSAN NVIDIA JAPANESE ECONOMY
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.
Dow Jones, Nasdaq, S&P 500 weekly preview: Attention turns to Nvidia earningsDow Jones, Nasdaq, S&P 500 weekly preview: Attention turns to Nvidia earnings
Read more »
Nvidia Stock Dips Below $130 as Dow Jones Falls for Ninth DayNvidia stock experiences a decline, dropping below $130 for the first time in two months, while the Dow Jones Industrial Average continues its downward trend.
Read more »
Nvidia Correction and Dow's Longest Decline Since 2018Nvidia's stock price fell into correction territory, marking the eighth consecutive day of losses for the Dow Jones Industrial Average. While Nvidia is still up significantly for the year, the market is recognizing other potential beneficiaries of the AI boom.
Read more »
Nvidia Correction, Dow Streak, and Fed Rate ExpectationsNvidia's stock price fell into correction territory after a recent surge, marking a shift in investor sentiment towards AI-related trades. The Dow Jones Industrial Average experienced its longest losing streak since 2018, declining for the eighth consecutive day. Meanwhile, the Federal Reserve is expected to cut interest rates further, with economists predicting two more quarter-point reductions by the end of 2026.
Read more »
Nvidia Correction, Dow's Longest Losing Streak Since 2018Nvidia's stock entered correction territory, marking the Dow's longest losing streak since 2018. Investors are exploring other AI beneficiaries besides Nvidia.
Read more »
Nvidia Correction Amidst Dow's Longest Losing Streak Since 2018Nvidia's stock price entered correction territory, falling over 11% from its recent high. This decline coincided with the Dow Jones Industrial Average's eighth consecutive day of losses, marking its longest losing streak since 2018. Despite the correction, Nvidia remains up significantly for the year.
Read more »