Wall Street coasts to the close of another winning week as Nvidia cools again [Los Angeles Times (CA)]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Los Angeles Times
The Standard & Poor's 500 slipped 0.2%, but it remained close to its all-time high set on Tuesday and capped its eighth winning week in the last nine. The Dow Jones industrial average edged up 15 points, or less than 0.1%, while the Nasdaq composite dropped 0.2%. Nvidia again dragged on the market, falling 3.2% on Friday. The company's stock has soared more than 1,000% since October 2022 on frenzied demand for its chips, which are powering much of the world's move into artificial intelligence technology. It briefly supplanted Microsoft this week as the most valuable company on Wall Street. But nothing goes up forever, and Nvidia's drops the last two days sent the stock to its first losing week in the last nine. Much of the rest of Wall Street was relatively quiet, except for a few outliers. Sarepta Therapeutics jumped 30.1% after U.S. regulators approved the use of its medicine for children with Duchenne muscular dystrophy who are at least 4. Gun maker Smith & Wesson Brands
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SPGI
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- 8/7/24 - Form 144
- SPGI's page on the SEC website