Stock Market News, Nov. 19, 2024: Nasdaq Rises 1%; Bond Yields Decline – The Wall Street Journal
Stock market news on November 19, 2024 showed positive trends across various indices. The Nasdaq saw a 1% increase, while bond yields declined. Nvidia’s strong performance ahead of its earnings report contributed to rises in both the Nasdaq and S&P 500. Additionally, Bitcoin reached a record high.
Despite tensions between Russia and Ukraine, Wall Street remained optimistic as the Nasdaq jumped and Tesla’s rally helped start the week on a positive note. The Dow, however, experienced a slight decline.
Walmart also saw success, hitting a record high after a positive forecast. Tech moves limited the pressure from Russia-Ukraine tensions, allowing the S&P 500 and Nasdaq to end higher.
Overall, stocks were mostly higher on November 19, 2024, driven by positive corporate news. The previous day, on November 18, 2024, Tesla stock gained momentum and the Nasdaq rallied.