Stock market today: Nasdaq, S&P 500 end at record highs
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Oil prices drop and stock markets rise
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Live Updates Goldman Sachs Just Reiterated Buy Rating on Nvidia 2 minutes ago Live Shares of NVDA are up about $4 per share in premarket trading. That’s after Goldman Sachs reiterated its buy rating on the tech giant.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading as President Donald Trump gives the stock market hope the Iran war may end soon.
Follow all the latest U.S. market action for Wednesday here to see if stocks can extend their record-setting run.
Live Updates Bank of America Reinstates Buy Rating on Home Depot 2 minutes ago Live Shares of Home Depot (HD) are up about $1.70 in premarket. Not only are earnings due on May 19, but analysts at Bank of America just reinstated a buy rating on the stock with a $374 price target.
(Editor’s note: The future prices of benchmark tracking ETFs, and the headline, the lede and the economic were updated in the story.) U.S. stock futures rose on Wednesday, after Tuesday’s record close.
During the day's regular session, the broad S&P 500 climbed 1.46%, while the tech-dominated Nasdaq Composite jumped 2.02%. Both indexes reached new intraday and closing highs. The Dow surged 612.34 points, or 1.24%.
Stocks are poised to shake off weakness to start the week despite Iran war concerns
Stock futures soared, again led by technology shares, and oil prices sank Wednesday following a report that the U.S. and Iran were nearing a deal to end the war.