Dow Trims Triple-Digit Losses, Still Settles Lower

From Nasdaq: 2024-04-09 16:23:48

Stocks were volatile ahead of tomorrow’s CPI reading, with the Dow slightly lower and the S&P 500 and Nasdaq higher. Nvidia fell 2%, while Moderna’s vaccine trial showed success beyond melanoma, causing a 6% jump in their stock. Australian billionaire Rinehart’s firm took a stake in MP Materials, and Pfizer’s RSV vaccine trial data boosted their stock. Oil prices fell as tensions in the Middle East were monitored, while gold hit another record high.

Analysts are bullish on 2 upgraded stocks, with options traders targeting Tencent Music Entertainment stock. Pfizer’s RSV vaccine trial data looks promising,ahead of Ally Financial’s expected earnings beat, and indicators are pointing towards potential volatility. There were no significant earnings reported today.



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