S&P 500: +0.16%
Nasdaq: +0.48%
Industry Focus:
Energy and financial sectors lagged behind.
Consumer discretionary stocks soared, leading the market:
- Amazon (AMZN): +3.9%
- Tesla (TSLA): +4.8%
- Apple (AAPL): +2.0%
- Nvidia (NVDA): recovered to +0.2%
Key Highlights:
FedEx (FDX): +15.53% (largest single-day gain since 1986)
Rivian Automotive (RIVN): +23.24% (Volkswagen may invest $5 billion)
After-Hours Trading:
Micron Technology (MU): -7.98% (disfavored Q4 outlook)
Levi Strauss (LEVI): -12% (revenue decline)
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US stock markets saw a slight increase yesterday as investors remained cautious ahead of Friday's PCE report. Dow Jones: +15.64 points (0.04%)
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