Stock market today: Wall Street drifts in quiet trading after returning from 3-day weekend
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Wall Street is listless on Tuesday, coming back from a three-day weekend, and is drifting near its record heights. The S&P 500 was 0.2% higher in early trading, just below its record set a week ago. The Dow Jones Industrial Average was down 115 points, or 0.3%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.5% higher after setting its latest all-time high. U.S. Cellular climbed 11.9% after T-Mobile said it will buy nearly all of the company. The deal is valued at $4.4 billion and includes up to $2 billion in assumed debt. GameStop soared 14.8% after it said it raised $933.4 million in cash through a previously announced sale of stock. Nvidia jumped another 4.6% to bring its gain for the year so far to a whopping 124.8%. The yield on the 10-year Treasury edged down to 4.45% from 4.47% late Friday. This upcoming week has several reports that could sway the Fed’s thinking, including one later Tuesday on confidence among consumers. In stock markets abroad, indexes fell modestly across much of Europe and Asia. London’s FTSE 100 slipped 0.4%, and Tokyo’s Nikkei 225 edged down by 0.1%.
#StockMarket #WallStreet #S&p500 #DowJonesIndustrialAverage #NasdaqComposite #UsCellular #Tmobile #Gamestop #Nvidia #10yearTreasury
https://finance.yahoo.com/news/stock-market-today-asian-shares-043002423.html
Yahoo Finance /
npub1j0e…3yhd
2024-05-28 16:21:10
Author Public Key
npub1j0e6zhr82q4par2f4ecr67zvj0ltv8qgqr8v3llw2ed6qvdrm4fs9s3yhdPublished at
2024-05-28 16:21:10Event JSON
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"content": "Stock market today: Wall Street drifts in quiet trading after returning from 3-day weekend\n==========\n\nWall Street is listless on Tuesday, coming back from a three-day weekend, and is drifting near its record heights. The S\u0026P 500 was 0.2% higher in early trading, just below its record set a week ago. The Dow Jones Industrial Average was down 115 points, or 0.3%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.5% higher after setting its latest all-time high. U.S. Cellular climbed 11.9% after T-Mobile said it will buy nearly all of the company. The deal is valued at $4.4 billion and includes up to $2 billion in assumed debt. GameStop soared 14.8% after it said it raised $933.4 million in cash through a previously announced sale of stock. Nvidia jumped another 4.6% to bring its gain for the year so far to a whopping 124.8%. The yield on the 10-year Treasury edged down to 4.45% from 4.47% late Friday. This upcoming week has several reports that could sway the Fed’s thinking, including one later Tuesday on confidence among consumers. In stock markets abroad, indexes fell modestly across much of Europe and Asia. London’s FTSE 100 slipped 0.4%, and Tokyo’s Nikkei 225 edged down by 0.1%.\n\n#StockMarket #WallStreet #S\u0026p500 #DowJonesIndustrialAverage #NasdaqComposite #UsCellular #Tmobile #Gamestop #Nvidia #10yearTreasury\n\nhttps://finance.yahoo.com/news/stock-market-today-asian-shares-043002423.html",
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