Market indices hit new closing highs; NVIDIA to report earnings Wednesday.

From Nasdaq.: 2024-05-21 18:23:00

On Tuesday, major market indices closed mostly in the green after a mixed start. The Dow gained +0.17%, S&P 500 and Nasdaq hit new all-time highs, while the Russell 2000 lagged slightly. Bitcoin dipped 2.45% after touching 71K. Luxury homebuilder Toll Brothers reported stellar earnings, with shares up 29% year to date.

Urban Outfitters beat estimates with Q1 earnings per share of 69 cents and revenues of $1.2 billion, sending shares up over 7% in late trading. Tomorrow, Target, TJX, and NVIDIA are set to report earnings. A free Zacks report offers 5 stocks to consider before Election Day, with a strong historical market performance during election years.



Read more at Nasdaq.: New Closing Highs for Nasdaq, S&P 500; NVDA Reports Wednesday