Stock market today: Dow turns positive
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US stock market today shows a sharp split. The Dow Jones rose 174 points to 49,656. The Nasdaq fell 146 points. The S&P 500 slipped 0.28%. This market divergence followed Nvidia stock dropping over 2% despite strong earnings.
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Stock market today: Nasdaq sinks as Nvidia extends losses; this chip gear maker tumbles (live coverage)
Stock indexes turn lower Thursday, with Nvidia stock pulling back from a post-earnings advance.
As of 1:20 p.m. ET, the Nasdaq Composite ( ^IXIC 1.32%) index dropped 1.9% lower while the S&P 500 ( ^GSPC 0.64%) fell 1.1%. The Dow Jones Industrial Average ( ^DJI 0.04%), on the other hand, only slipped 0.4% lower:
Nvidia’s earnings Wednesday evening were, on paper, a runaway success: Profits nearly doubled in the fourth quarter and sales hit an all-time high.
Investor's Business Daily on MSN
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