Stocks struggle despite Nvidia's strong earnings, dollar holds, yen jumps
From Investing.com: 2024-11-21 06:34:00
Stocks struggle to find direction despite Nvidia’s strong earnings report, leading to a 2.5% drop in Nvidia’s stock. Alphabet shares remain steady despite US Justice Department’s request to sell Chrome. Fed rate cut in December looks less likely, impacting market sentiment with odds falling to 50%. Dollar holds steady, yen jumps after Bank of Japan Governor Ueda suggests rate hike possibility. Gold climbs amid tensions between Moscow and Ukraine, while oil rises on OPEC+ speculation. Bitcoin surges past $97,000, nears $98,000, benefiting from positive regulatory outlook.
Read more at Investing.com: US Dollar Holds, Yen Surges: Tactical Moves in Currency Pairs On Market Shifts
