(060662.TW)

Compare

0.8500

0.0000

(0.00%)

At close: December 17 at 9:16:28 AM GMT+8

Stock market today: Dow looks to snap longest losing streak since 1978 with Fed decision on deck

Stocks eyed a rebound Wednesday, with the blue-chip Dow looking to snap its longest losing streak since 1978

Yahoo Finance 6 hours ago

YM=F

ES=F

NQ=F
Nvidia, Dow downturn isn't cause for alarm, strategist explains

Nvidia Freedom Capital Markets chief global strategist Jay Woods joins Catalysts to analyze the current downturn in Nvidia stock (NVDA) and the Dow Jones Industrial Average (^DJI) index. "This is not the end of the world for Nvidia," Woods emphasizes. While the stock is currently under scrutiny as the only Magnificent Seven stock declining since November 1, Woods maintains that Nvidia remains fundamentally strong. He says overall, the stock is still in an uptrend. However, he sees a "near-term head and shoulders top" formation, which he views as a potential buying opportunity for investors. "The fundamental story hasn't changed, nothing has changed there," Woods tells Madison Mills. "To me, this is just a pause." Addressing the Dow Jones Industrial Average's movement, Woods notes the index is down 3.78% in its nine day losing streak, with UnitedHealth (UNH) leading the decline by erasing 725 points. "The move is just a garden variety sell-off, but the amount of stocks that are down is a little head-scratching," he states. Woods points out one positive: technology, communications, and discretionary sectors continue to lead gains — the same sectors that initially propelled the current bull market. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith

Yahoo Finance Video 1 hour ago

NVDA

UNH

^DJI
Nvidia stock jumps as Wall Street analysts maintain bullish outlooks

Nvidia stock rose as Wall Street analysts reiterated their Buy ratings despite concerns about rising competition and the possibility that AI chip demand could wane.

Yahoo Finance 3 hours ago

TSLA

AVGO

AAPL
The Fed could be on the verge of ripping up its rate script for 2025

Investors are betting a final 2024 rate cut is a sure thing from the Federal Reserve, but the bigger question is whether the central bank is ready to scale back what it expects to do in 2025.

Yahoo Finance 18 hours ago

^GSPC

^DJI
Fed rate decision, Dow pressured, Nissan-Honda: 3 Things

US stock futures (ES=F, NQ=F, YM=F) inch higher Wednesday morning in anticipation of the Federal Reserve's interest rate decision this afternoon. Wall Street currently anticipates the central bank to cut by 25 basis points. After closing lower for the ninth straight session on Tuesday, the Dow Jones Industrial Average (^DJI) is seeing its longest streak of losses since February 1978, weighed down by UnitedHealth Group (UNH), Nvidia (NVDA), and Sherwin-Williams (SHW). Japanese automakers Nissan (NSANY, 7201.T) and Honda (HMC, 7267.T) confirmed reports that they are currently in talks for a possible merger. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 4 hours ago

NQ=F

NVDA

SHW
Big Tech is dominating the market once again — and that's probably just fine: Morning Brief

December is shaping up to be a tale of two markets.

Yahoo Finance 8 hours ago

GOOG

AMZN

QQQ
Stock market today: Dow logs longest losing streak since 1978 as stocks slide ahead of Fed decision

The Fed meeting kicks off with investors on alert for clues to the path of rates after the widely expected December cut.

Yahoo Finance 22 hours ago

^IXIC

^GSPC

^DJI
Trump weighs eliminating EV tax credit. What it means for the auto industry.

According to a new Reuters report, President-elect Donald Trump is expected to eliminate the electric vehicle (EV) tax credit. His administration is also considering rolling back investments in EV infrastructure, including charging stations and battery development. AutoGuide Editorial Director Greg Migliore joins Wealth! to analyze these potential changes. Migliore suggests that eliminating the EV tax credit could cause EV demand to "take a hit" as increased costs shift to consumers. He predicts this policy change might boost demand for hybrid and traditional gas-powered vehicles. When asked about automakers best positioned to weather these potential changes, Migliore identifies General Motors (GM), Ford (F), Hyundai (HYMTF), Toyota (TM), and Honda (HMC). He points to their diverse vehicle lineups spanning both EVs and conventional gas-powered options across various price points. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

Yahoo Finance Video 20 hours ago

F

NKLA

TM
Dow sinks for ninth straight session ahead of Fed decision

As US stocks (^DJI, ^IXIC, ^GSPC) close Tuesday's session lower, the Dow Jones Industrial Average is the chief laggard as it falls for its ninth straight trading day. Wall Street is eagerly awaiting the Federal Reserve's last interest rate decision of the year at the conclusion of the central bank's policy meeting tomorrow. Market Domination Overtime's Julie Hyman and Yahoo Finance markets and data editor Jared Blikre recap the biggest market and sector trends from this trading day. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 21 hours ago

^DJI

^NDX

^IXIC
Magnificent Seven Stocks: Nvidia Stock Rallies; Tesla Reverses From Record Highs

Nvidia stock rebounded sharply Wednesday, while Tesla skidded from record highs. Meta is above a buy point.

Investor's Business Daily 7 minutes ago

NVDA

AAPL

TSLA
Equity Markets Higher Ahead of Fed Decision

US benchmark equity indexes were higher ahead of the Federal Reserve's latest monetary policy decisi

PREMIUM
MT Newswires 13 minutes ago

^GSPC
Stocks, Bonds in Wait-and-See Mode Before Fed: Markets Wrap

(Bloomberg) -- US stocks swung between modest gains and losses with traders reluctant to commit to any big moves before hearing the Federal Reserve’s outlook for next year. Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousThe S&P 500 rose 0.1% while the Nasdaq 100 fell 0.2%. The yield on the 10-year Treasury hovered around 4.39%. Bloomberg’s gauge of the dollar was little changed.Subscribe to the Bloomberg Daybreak podcast on Apple, Spotify or anywhere you l

Bloomberg 23 minutes ago

^DJI

^GSPC
Uber (UBER) Is A “Binary Bet” Against Tesla (TSLA) in Self-Driving Space

Uber (NYSE:UBER) stock will either soar ten times “in a few years” or it will drop to $0, LikeFolio co-founder Landon Swain said recently. The analyst explained that, if Uber is able to make its vehicles autonomous, its automobiles will become extraordinarily cheap to operate, causing the company’s profits to climb tremendously. Alternatively, Uber may […]

Insider Monkey 41 minutes ago

UBER

TSLA
MicroStrategy Eyes Financing Tweaks as Bitcoin-Fueled Stock Soars 500% in 2024

MicroStrategy (MSTR) plans adjustments to its $7.2B financing strategy as Bitcoin purchases drive a 500% stock surge

GuruFocus.com 53 minutes ago

MSTR
Dow Set to Disrupt Longest Losing Streak in Over Four Decades Ahead of Status Update on Fed's Policy Easing Program

US equity indexes rose, with the Dow Jones Industrial Average seeking to break its longest losing st

PREMIUM
MT Newswires 55 minutes ago

^DJI

^GSPC
Year in Review: The Worst Dow Stock of 2024

Options bulls have not given up hope on BA, though

Schaeffer's Investment Research 1 hour ago

BA
Stranded NASA Astronauts Will Be Stuck in Space a Little Longer

The astronauts’ return date was pushed back again, after what was supposed to be a dayslong trip stretched into months.

The Wall Street Journal 1 hour ago

BA
It’s Not Just the Dow: The S&P Could Snap Its Bad Breadth Streak

Its longest streak of negative breadth was previously a 10-day stretch in 2000, according to Dow Jones Market Data numbers that go back to Dec. 31, 1999. The Dow, which has fallen in nine consecutive sessions, was up nearly 200 points, or 0.5% in early afternoon trading. The Nasdaq Composite was up 0.2%.

Barrons.com 1 hour ago

^GSPC

COMP
These Stocks Are Moving the Most Today: Tesla, Nvidia, Honda, Nissan, Micron, Jabil, Worthington, Netgear, and More

Tesla stock slips after closing at another record high, Nvidia shares bounce back, and Honda and Nissan confirm they are exploring a merger or other future collaboration. Micron reports quarterly earnings Wednesday.

Barrons.com 1 hour ago

HMC

HEI-A

NVDA
US Equity Indexes Rise Midday Ahead of Fed's Policy Announcements

US equity indexes rose after midday Wednesday, with the Dow Jones Industrial Average leading the pac

PREMIUM
MT Newswires 1 hour ago

^DJI

^GSPC

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

(060662.TW)

Related News

Stock market today: Dow looks to snap longest losing streak since 1978 with Fed decision on deck

Nvidia, Dow downturn isn't cause for alarm, strategist explains

Nvidia stock jumps as Wall Street analysts maintain bullish outlooks

The Fed could be on the verge of ripping up its rate script for 2025

Fed rate decision, Dow pressured, Nissan-Honda: 3 Things

Big Tech is dominating the market once again — and that's probably just fine: Morning Brief

Stock market today: Dow logs longest losing streak since 1978 as stocks slide ahead of Fed decision

Trump weighs eliminating EV tax credit. What it means for the auto industry.

Dow sinks for ninth straight session ahead of Fed decision

Magnificent Seven Stocks: Nvidia Stock Rallies; Tesla Reverses From Record Highs

Equity Markets Higher Ahead of Fed Decision

Stocks, Bonds in Wait-and-See Mode Before Fed: Markets Wrap

Uber (UBER) Is A “Binary Bet” Against Tesla (TSLA) in Self-Driving Space

MicroStrategy Eyes Financing Tweaks as Bitcoin-Fueled Stock Soars 500% in 2024

Dow Set to Disrupt Longest Losing Streak in Over Four Decades Ahead of Status Update on Fed's Policy Easing Program

Year in Review: The Worst Dow Stock of 2024

Stranded NASA Astronauts Will Be Stuck in Space a Little Longer

It’s Not Just the Dow: The S&P Could Snap Its Bad Breadth Streak

These Stocks Are Moving the Most Today: Tesla, Nvidia, Honda, Nissan, Micron, Jabil, Worthington, Netgear, and More

US Equity Indexes Rise Midday Ahead of Fed's Policy Announcements