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  4. Stock market today: Indexes end mostly higher with Nvidia shares jumping as excitement builds ahead of earnings

Stock market today: Indexes end mostly higher with Nvidia shares jumping as excitement builds ahead of earnings

Matthew Fox   

Stock market today: Indexes end mostly higher with Nvidia shares jumping as excitement builds ahead of earnings
  • US stocks traded mostly higher on Monday, with shares of Nvidia leading the way.
  • Nvidia stock surged about 3% ahead of its first-quarter earnings results on Monday.

Major US stock indexes were mostly higher on Monday, with $4 stock leading the way with a gain of nearly 3% ahead of its hotly anticipated first-quarter earnings report on Wednesday.

Investors expect the company to report quarterly sales of nearly $25 billion, which is about four times the $6.5 billion in revenue it did in the year-ago quarter.

Nvidia's sharp rise helped the Nasdaq 100 outperform the other major indices on Monday, while JPMorgan stock dropped 4%, weighing on the Dow Jones Industrial Average.

$4 CEO Jamie Dimon struck a cautious tone on the economy on Monday, highlighting that today's geopolitical tensions represent risks not seen since World War II. Dimon also said it's unlikely he'll remain CEO of the bank five years from now, and said the stock is too expensive to buyback.

"We're not going to buy back a lot of stock at these prices," Dimon said. "Buying back stock as a financial company greatly in excess of 2x tangible book is a mistake."

Here's where US indexes stood at the 4:00 p.m. closing bell on Monday:

Here's what else happened today:

  • $4 that will lead to a bubble within the next five years.
  • $4
  • $4 Analysts think there's more room to run.
  • $4 boosting his S&P 500 price target 20% to 5,400.
  • $4 from the Federal Reserve are imminent.
  • $4

In commodities, bonds, and crypto:

  • $4 crude oil dropped 0.38% to $79.28 a barrel. $4, the international benchmark, fell 0.29% to $83.74 a barrel.
  • $4 edged higher by 0.66% to $2,433.40 per ounce.
  • The 10-year Treasury yield rose 2 basis points to 4.44%.
  • $4 surged 5.45% to $69,883.


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