Nvidia shares have been rising, with the S&P 500 nearing record highs. Analysts predict a comeback for Nvidia, with resistance levels at $196 and $212. The company’s recent gains could boost the tech sector and the Nasdaq into the end of the year.
As U.S. stocks trade mixed, gold, silver, and copper are set for records as the dollar falls. Key assets like the S&P 500 and Nasdaq are on the rise. Treasury yields are up while gold and oil prices see gains. Weekly jobless claims also fell to 214,000. Nvidia shares are up, while Nike’s are rising after Tim Cook bought nearly $3 million in shares. Intel shares drop after reports of Nvidia testing Intel’s process technology. UiPath stock is surging, BP is selling a majority stake in Castrol, and Americans start the year with record debt. Investors warn of issues in private equity and the next Fed chair might not be independent.
Copper prices have surged, hitting $12,000 a ton for the first time on the London Metals Exchange. Front-month U.S. copper prices also climbed to the highest settlement value since July. Mining disruption, tech demand, and tariff concerns have driven the 40% annual gain. Precious metals have seen a pre-holiday run.
Top-searched tickers on MarketWatch: Nvidia (NVDA), Tesla (TSLA), Taiwan Semiconductor Manufacturing (TSM), Novo Nordisk (NVO), GameStop (GME), Amazon (AMZN), Palantir Technologies (PLTR), Advanced Micro Devices (AMD), Apple (AAPL), AST SpaceMobile (ASTS).
Catalan Christmas statuettes are unique, magical American Christmas spots are not for everyone, and influencer Logan Paul could make millions off a rare Pokémon card.
Read more at Yahoo Finance: One of the most important ‘Magnificent Seven’ members is rumbling to life. Here’s what that means for tech and the S&P 500.
