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stocks rise on positive economic data as applied digital soars
The stock market saw gains with the Dow Jones up 0.4% and the S&P 500 rising 0.5% following a lighter-than-expected producer price index report. Nvidia and Palantir attempted rebounds after losing streaks, while Applied Digital surged over 18% after announcing a partnership for data centers. H&E Equipment doubled in value on a buyout news, while Aehr Test Systems and Signet Jewelers faced significant declines after missing earnings expectations.
stock market update gains for shares amid mixed economic signals
Shares are on track for four consecutive days of gains, recovering from early December's highs. The Dow Jones fluctuated as Nvidia's stock fell over 5% despite new AI initiatives, while Uber rose 1.3% following a partnership announcement with Nvidia. Unifirst surged 28% after a $5.1 billion takeover offer from Cintas, and Roku, Ulta Beauty, and Snowflake also saw notable stock movements.
dow jones declines as palantir retreats and tesla rebounds
The Dow Jones Industrial Average fell 0.6% as major indexes started the week lower, with Palantir Technologies retreating 2.6% after reaching a new high. Tesla rebounded 0.3% while Nvidia rose 1.3%, and Bitcoin dipped 1.5% to below $93,700. Consumer confidence dropped to 104.7, missing forecasts, as Warren Buffett's Berkshire Hathaway added shares of Occidental Petroleum, VeriSign, and Sirius XM Holdings.
dow jones attempts recovery as micron plunges and nvidia rebounds
The Dow Jones Industrial Average attempted to recover from a significant 1,100-point drop, gaining 0.4% after a 2.6% decline. Micron's shares plummeted 17% following disappointing earnings guidance, while Nvidia rebounded 2.4% after five days of losses. Economic indicators showed a surprising 3.1% GDP growth and lower jobless claims, but market volatility persisted.
mixed market response to consumer price index as tesla and nvidia rise
The Dow Jones Industrial Average and major indexes showed mixed results following the November consumer price index, which met expectations. Tesla reached a record high with a 1.9% gain, while Nvidia climbed 0.9%. GameStop surged 5.8% after reporting a surprise profit, whereas Dave & Buster's plummeted 16% due to a significant fiscal loss and CEO resignation.
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