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 S&P 500 climbs to record as Nvidia pops to fresh all-time high: Live updates
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On October 17, 2024, the S&P 500 rose 0.3% to a new intraday record, driven by semiconductor stocks; Nvidia increased by 3% to an all-time high of $140.89, surpassing its previous high of $140.76 from June 20; Taiwan Semiconductor reported strong Q3 results, boosting its shares by 13% and Nvidia's performance; September retail sales rose 0.4%, exceeding the 0.3% forecast, with jobless claims lower than expected; Travelers stock surged 8% after beating Q3 expectations; 66 S&P 500 stocks reached new 52-week highs; Lucid shares fell over 15% after announcing a public offering; ECB cut its key deposit rate by 25 basis points to 3.25%; TS Lombard expressed confidence in central banks' ability to manage inflation.

#S&p500 #Nvidia #TaiwanSemiconductor #RetailSales #StockMarket #Ecb #Travelers #Lucid #EconomicData #Investing

https://www.cnbc.com/2024/10/16/stock-market-today-live-updates.html