mixed market response to consumer price index as tesla and nvidia rise

The major U.S. stock indices had a mixed performance following the release of the November consumer price index (CPI).

Dow Jones Industrial Average

The Dow Jones Industrial Average experienced a slight pullback.

Nasdaq

The Nasdaq showed resilience and had higher trading volume compared to the New York Stock Exchange.

The Nasdaq also saw a notable increase in Bitcoin, indicating a positive sentiment in the cryptocurrency market.

S&P 500

The S&P 500 added 0.7% and rebounded.

Russell 2000

The small-cap Russell 2000 also rebounded.

Treasury Yield

The 10-year Treasury yield remained steady.

Crude Oil Prices

U.S. crude oil prices rose.

Tesla

Tesla continued to climb, marking its sixth consecutive day of gains and reaching a record high.

Nvidia

Nvidia's stock advanced, facing resistance at its 50-day moving average.

GameStop

GameStop's stock surged following the announcement of a surprise adjusted profit for its fiscal third quarter, despite lower-than-expected sales.

Dave & Buster's Entertainment

Dave & Buster's Entertainment faced a significant downturn after reporting a substantial fiscal Q3 loss and lower-than-expected sales.

Macy's

Macy's stock tumbled after the retailer reported fiscal third-quarter adjusted earnings and sales that exceeded expectations but lowered its profit guidance for the fiscal year.

Photronics

Photronics saw its stock rise after reporting better-than-expected fiscal fourth-quarter adjusted profit and revenue.

Patterson Companies

Patterson Companies' stock soared following news of its acquisition by private equity firm Patient Square Capital.

This acquisition allowed Patterson to retake its 200-day line, reaching levels not seen in a year.

As the market continues to react to economic indicators and corporate earnings reports, the performance of individual stocks and sectors will remain closely monitored.

The mixed performance of major indices and the varied responses from key stocks illustrate the complexities of the current market environment.

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