S&P 500 Aims for Longest Win Streak in 19 Years, Faces Powell and Bullish Nvidia
The S&P 500 and Nasdaq attempted to extend their win streaks, but the stock market will have to navigate through Fed Chair Jerome Powell's comments. The S&P 500 is aiming for its longest winning streak in 19 years, while the Nasdaq and Dow Jones Industrial Average remained near the break-even point. Walt Disney's stock jumped 6% after beating forecasts, and volume rose on the NYSE and Nasdaq. Nvidia edged past a buy point, while AppLovin broke out of a double-bottom base but quickly dipped below its buy point. Arm Holdings and Maplebear reported mixed earnings, and EV stocks like Li Auto and Tesla faced challenges. Lyft dropped as it met resistance at its 200-day moving average, and Duolingo led the IBD 50 with a 13.5% surge in stock price.
- S&P 500 Aims For Longest Win Streak In 19 Years, But Must Face Powell First; Nvidia Tops Bullish Level Investor's Business Daily
- Analyst who forecast the S&P 500 correction has a new price target TheStreet
- Why market timing doesn't work: S&P 500 is up 14% this year, but just 8 days explain the gains CNBC
- Dow, S&P, Nasdaq tick higher as the 10-year yield tests 4.5% Seeking Alpha
- US stocks edge higher as S&P 500 looks to extend streak while investors await Jerome Powell's speech Business Insider India
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