Financial Artificial Intelligence & Portfolio Management

U.S. stocks on Friday ended mixed, as a rally sparked by the latest consumer inflation report earlier this week continued to stall. Nevertheless, it has been a record-breaking past few days for the markets, and the S&P 500 (SP500) has now posted a four-week win streak. f8nviz

The attention turns to Nvidia's (NVDA) quarterly results next week. The chip giant has become the leading firm in the artificial intelligence (AI) race, and its report will be a barometer for the AI craze. cinviz

The S&P (SP500) rose 0.12% to close at 5,303.30 points. Two days earlier, Wall Street's benchmark gauge took out the 5,300 points level for the first time ever. rinviz

The tech-heavy Nasdaq Composite (COMP:IND) slipped 0.07% to settle at 16,685.97 points, after having scaled an all-time intraday peak of 16,797.83 in the previous session. The blue-chip Dow (DJI) gained 0.34% to conclude at 40,004.35 points. tinviz

On Thursday, the venerable gauge had briefly surpassed the 40,000 points mark in a historic first, then retreated to end marginally lower. Of the 11 S&P sectors, eight ended in the green . fnviz

Leave a Reply

Your email address will not be published. Required fields are marked *