$NVDA NEWS Nvidia's slide continues as stock tumbles over 10% from recent record Stuttgart - Delayed Quote • EUR TOBAM Maximum Diversification Emerging USD Gross TR Index (DE000SLA2S35.SG) Follow 1,900.24 -12.02 (-0.63%) As of 8:27:29 PM GMT+1. Market Open. Related News Stock market today: Dow eyes 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. The good news is already priced into US equities: Strategist BNP Paribas Asset Management chief market strategist Daniel Morris says while the good news is priced in for US stocks (^DJI,^GSPC, ^IXIC), yet, the market remains his top regional pick. "All the good news is likely to be priced into US equities and perhaps all the bad news priced into, for example, European equities," Morris says, explaining, "At that point, the marginal surprise really should be coming out of Europe. So, I think that's what we want to be watching for." The strategist notes, "For the most part, you would anticipate probably still above average economic growth in the US for the next year or so over the long term." He adds, "We're still overweight [for] most US equities because we think the fundamentals support it, and even if it is a consensus trade, that doesn't necessarily make it the wrong one." He says that exposure to emerging markets can help diversify investors' portfolios, and highlights Asian markets: "Asia clearly also has several semiconductor angles that I think you can look at in the medium term." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Trump's tariff policy is not 'just a threat': PIMCO expert Markets (^DJI, ^IXIC, ^GSPC) are anticipating a potentially pro-growth environment under the second Trump administration. PIMCO Head of US Public Policy Libby Cantrill joins Market Domination to discuss her current market outlook. "We do think you have to take the president seriously on the risk of tariffs," she tells Yahoo Finance. "We don't necessarily think it's just a threat to get concessions from other countries," noting these could significantly impact market dynamics. "Will he [President-elect Donald Trump] do exactly what he's saying? Probably not, but I also think that folks who are just thinking this is just a threat, that this is all bark and no bite, aren't necessarily paying attention to what the president-elect has been saying for almost four decades about tariffs, and about trade deficits, and just generally about protectionism," she explains. Regarding market dynamics, Cantrill believes that the fixed-income market (^TYX, ^TNX, ^FVX) is currently more priced for tail risks, while the equity market appears "priced to perfection." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith Stock market today: Nasdaq soars to record as Tesla, Google, Amazon, Apple hit fresh highs Markets are gearing up for the Fed's final rate decision of the year, while bitcoin hit a fresh record. Mag 7 stocks serve as defensive plays in 2025: Citi strategist 2024 has been "one big valuation surprise" that has been "dominated by the [Magnificent] Seven megacap growth cohort," Citi head of US equity strategy Scott Chonert tells Julie Hyman and Josh Lipton on Market Domination. The strategist says not only does the Magnificent Seven group, made up of Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), and Apple (AAPL), has more room to run in 2025, the stocks could actually function as a defensive play amid market uncertainty. "We're thinking the Mag Seven actually unfold as a quasi staple," Chronert says, explaining, "Usually you go to [consumer] staples when you have uncertain economic conditions because of the persistence of earnings growth." "The Mag Seven, we think, that forward-looking earnings growth for certainly for [2025] and probably into [2026] is fairly visible. So all told, when you get concerned about other things at work in the market and the economy, the Mag Seven actually have this potential to be a quote, defensive if you will." The strategist highlights the phrase "growth is defensive," saying, "That's what's going on here." He notes, "These companies probably can't just live on meeting expectations. They need to continue to meet beat and then probably raise forward expectations as well" to maintain their "defensive" status. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Equities Fall Intraday as Markets Weigh Macro Data US benchmark equity indexes were lower intraday as the Federal Reserve kicked off its two-day moneta US Equity Indexes Decline as Retail Sales Jump Most For Seasonally Strong November Since 2021 US equity indexes fell after midday Tuesday as retail sales beat expectations, increasing the bumps Amentum Stock Drops on Expected Winding Down of Government Programs Amentum Holdings swung to a fourth-quarter profit but shares sank Tuesday when executives said in the company's earnings call that they see fiscal 2025 growth being affected by an expected winding down of certain government programs. Is Visa Inc. (V) the Most Held Stock by Hedge Funds? We recently published a list of 12 Stocks Most Held by Hedge Funds. In this article, we are going to look at where Visa Inc. (NYSE:V) stands against other most held stocks by hedge funds. On December 12, President-elect Donald Trump rang the opening bell at the New York Stock Exchange, an event rich with […] Jim Cramer on Cadence Design Systems (CDNS): ‘Stay Long On It. Buy Some More’ We recently compiled a list of the Jim Cramer’s Bold Predictions About These 15 Tech Stocks. In this article, we are going to take a look at where Cadence Design Systems, Inc. (NASDAQ:CDNS) stands against the other tech stocks Jim Cramer recently talked about. Like all of us, Jim Cramer is always wondering what’s next for […] 1 Stock to Watch & 1 to Avoid in a Challenging Glass Products Industry Amid weak demand in the Glass Products industry, APOG is navigating well and merits investor attention. However, OI is struggling, making it a stock to avoid. Is This S&P 500 Stock a Must-Buy for 2025 After a 140% Surge? GE Vernova (GEV) soared 140% since its April IPO as Wall Street buys stocks that will power the energy-hungry artificial intelligence age. GEV's cooldown over the last month offers a great buying opportunity heading into 2025. Market Breadth Worsens As Tech Giants Break Free From S&P 500 Reality: Is This Bullish Or Bearish For 2025? The performance gap between the cap-weighted S&P 500 — tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) — and its equal-weighted sibling, the Invesco S&P 500 Equal Weight ETF (NYSE:RSP), has blown out to over 4 percentage points in December. This marks the widest monthly gap since May 2023, reflecting how a narrow group of stocks is shouldering the market's returns in the last month of the year. As of Dec. 17, only 90 out of 500 stocks in the S&P 500 are in positive territory month-to-date, a sh The Dow drops 245 points as it heads for its longest losing streak in decades The Dow Jones Industrial Average fell almost 250 points on Tuesday in what could be its longest losing streak since the 1970s. British borrowing costs surge after wage shock The cost of UK government borrowing is on track to reach its highest level in 34 years when compared to Germany, after doubts emerged about how fast the Bank of England could cut interest rates. Value Line Stock Rises 1% Since Q2 Earnings Surging Y/Y VALU's fiscal second-quarter earnings jump 62% year over year, driven by strong EAM revenues and investment gains. Shareholder equity shows strong improvement. Earnings Estimates Rising for Kolibri Global Energy Inc. (KGEI): Will It Gain? Kolibri Global Energy Inc. (KGEI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. US Equity Indexes Drop After Retail Sales Jump in Seasonally Strong November US equity indexes fell around midday Tuesday after retail sales grew more than forecast and as the F The Dow is in danger of doing something it hasn’t since 1978 The world’s most famous market indicator is at risk of suffering its longest losing streak since Jimmy Carter was in the White House. The Dow Is in Danger of Closing Below This Key Level The Dow is on track to fall for a ninth-straight day and close below a key level for the first time since before the 2024 election. The blue-chip index is down nearly 300 points, or 0.7%, to 43,4422. If it finishes the day below 43,453.84, it would mark its first close below its 50-day moving average since Nov. 4, 2024, according to Dow Jones Market Data.