S&P 500, Dow Jones and NASDAQ move upwards as Wall Street swings through another unsettled day ahead of Nvidia’s profit report; WeShop Holdings gains nearly 450%, check top gainers and losers
Wall Street closed higher today, with major indices like the S&P 500, Dow Jones, and NASDAQ all experiencing gains. This positive sentiment comes as key indices see upward movement. Nvidia's stock surged ahead of its profit report, while Constella...

The rise in the S&P 500 broke a four-day losing streak, the longest in nearly three months for the index, which has been shaking because of worries that stock prices have shot too high and that the Federal Reserve may not deliver as many cuts to interest rates as expected. The Dow Jones Industrial Average added 47 points, or 0.1%, and the Nasdaq composite climbed 0.6%.
The market's focus, though, remained on Nvidia. Wall Street's most influential stock climbed 2.8% as traders made their final moves ahead of the chip company's profit report, scheduled to arrive after trading finished for the day. Nvidia has grown to become the largest stock on Wall Street and briefly topped $5 trillion in value.
Constellation Energy led the market and rallied 5.3% after the U.S. Department of Energy said it's lending $1 billion to help restart Constellation's nuclear power plant at Three Mile Island. Lowe's rose 4% after the home-improvement retailer reported a stronger profit for the summer than analysts expected.
They helped offset a 2.8% drop for Target, which reported weaker revenue for the latest quarter than analysts expected. The retailer also hinted that challenges may continue through the critical holiday shopping season.
Wall Street: Top gainers and losers on NASDAQ
On the other end of the spectrum, several stocks experienced sharp declines. IVP (Inspire Veterinary Partners, Inc.) fell 61.0781%, while AGIO (Agios Pharmaceuticals, Inc.) dropped 50.8903%. TPST (Tempest Therapeutics, Inc.) declined 48.5931%, and SEVNR (Seven Hills Realty Trust Right) was down 46.1538%. MIGI (Mawson Infrastructure Group Inc.) also saw a decrease of 40%.
These movements reflect a day of significant volatility, with extreme performances on both the advancing and declining sides of the market.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.