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Dow closes at record high, Nvidia falls after forecast

Posted by Able on August 29, 2024

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The Dow closed at a record high on Thursday amid mixed trading, supported by strong U.S. economic data, while Nvidia, an AI chipmaker, saw its shares fall as its mostly in-line forecast left investors underwhelmed.

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Stock Market LIVE Updates: Hong Kong stocks notch 9-day winning streak in longest rally since 2018

Hong Kong stocks extended their rally on Friday, supported by ongoing positive market sentiment fueled by China's increased economic stimulus measures. The Hang Seng Index surged by 1.5%, marking its ninth consecutive day of gains, the longest winning streak since January 2018. Hong Kong-listed Chinese tech giants also saw continued gains, closing 2.7% higher.

Big Daddy LIC manages money nearly double the size of Pakistan's economy

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NSE cautions investors against entity offering guaranteed returns

The National Stock Exchange (NSE) on Friday cautioned investors against an entity offering guaranteed returns on investment in the stock market. The statement came after the exchange noticed that an authorised person of its registered stock broker was offering guaranteed returns and was collecting commission on such assured returns from investors.

Dow closes at record high, Nvidia falls after forecast

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