US stock market heads higher, once again led by Nvidia
NEW YORK (AP) — The U.S. stock market ticked higher on Wednesday, led by its most influential stock, Nvidia.
The S&P 500 rose 0.6 percent and pulled a bit closer to its all-time high set late last month. The Dow Jones Industrial Average added 129 points, or 0.3 percent, and the Nasdaq composite gained 0.8 percent.
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Read MoreDigital investing in South Africa: how to start safely, avoid scams and grow your money online
More South Africans are turning to digital investing to grow their money, using smartphones to buy shares, ETFs and savings products without stepping into a bank branch.
But while online investing offers convenience and access to global markets, experts warn that scams, risky decisions and lack of knowledge can quickly cost investors money.
Could Intuitive Surgical Be the One Medtech Stock to Hold Through Any Market Crash?
Key Points
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Intuitive Surgical dominates the robotic surgery market.
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The company sells surgical platforms, accessories, and service contracts.
The S&P 500 has surged over the past three years, so the idea of a market crash may not be at the forefront of investors’
Read MoreWhy Is The US Stock Market Up Today?
The US stock market recovered sharply on February 20, after the Supreme Court struck down President Trump’s tariffs in a landmark 6-3 ruling. The S&P 500 is trading around 6,890 at press time, up 0.45% from yesterday’s close, at the time of writing.
Tech (XLK) leads the rebound on tariff relief while Energy (XLE) gives back early gains despite rising oil prices.
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Read MoreThe Burst
Is Archer Aviation the Next Breakout Stock?
Palantir Technologies (NYSE: PLTR) has become one of the most talked-about names in artificial intelligence and not just because of its work with governments and Fortune 500s.
Investors have started to view a Palantir partnership as something of a credibility stamp. So when the company joined forces with a lesser-known player like Archer Aviation (NYSE: ACHR),
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Read MoreThe Ivy
From Market Darling to Punchline and Back Again?
Every few years, investors rediscover Plug Power (NASDAQ: PLUG) and wonder if the long-suffering hydrogen pioneer is finally about to turn the corner. Today, it’s officially a penny stock, which means under $5 per share technically.
And that’s a painful reminder that, adjusted for reverse splits, Plug’s pre-dot com IPO price of $150 feels almost mythical compared to where the stock sits today.
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Read MoreThe Spotlight
The Pet Care Powerhouse Flying Under Wall Street’s Radar
With the S&P 500 having advanced by about 23.7% year-to-date, deals among large-cap companies appear few and far between.
One stock that may be attractive, however, is Idexx Laboratories (NASDAQ:IDXX). This company specializes in veterinary diagnostic devices as well as poultry and livestock testing, among other animal-care essentials. Idexx also makes water testing supplies to monitor and maintain water quality.
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