Dow Jones Today: Dow Hovers Around 40K; Tech, Cruise Stocks Gains
Dow at 40K: Tech Boom or Fed's Next Move?
U.S. stocks showed mixed performance with the Dow Jones hovering around 40,000, influenced by tech and cruise stock gains, and anticipation of potential Federal Reserve rate cuts due to cooling inflation. The Nasdaq Composite and S&P 500 saw increases, while Nvidia, a key player in AI, is expected to report significant earnings growth. Meanwhile, Li Auto faced a decline after reporting a substantial drop in Q1 profit despite increased revenue. In contrast, Norwegian Cruise Line's stock surged following an upward revision in its full-year financial guidance, reflecting strong demand and record bookings.
How did the Dow Jones Industrial Average perform compared to the Nasdaq Composite and S&P 500 on the same day?
On the given day, the Dow Jones Industrial Average was flat, while the Nasdaq Composite traded 0.6% higher and the S&P 500 climbed 0.3%. This indicates that the Nasdaq Composite and S&P 500 were performing better than the Dow Jones Industrial Average on that day.
What were the closing figures for the Nasdaq Composite and S&P 500 on the mentioned Monday?
The original news article does not provide the specific closing figures for the Nasdaq Composite and S&P 500 on the mentioned Monday. It only states that the Nasdaq Composite traded 0.6% higher and the S&P 500 climbed 0.3% during Monday afternoon. For exact closing figures, additional information from a reliable financial news source would be required.