Market Rebounds from Volatile Start

November 14th: A Day of Dramatic Swings in the U.S. Stock MarketThe U.S. stock market experienced a volatile day on November 14th, with the S&P 500 initially dropping by 1.3% but recovering to close with a slight dip of 0.1%. The Nasdaq composite also started in the red but ended with a gain of 0.1%, while the Dow Jones Industrial Average trimmed its loss to 309 points. Artificial intelligence stocks, particularly Nvidia, drove market movements, with the company experiencing a steep loss and remarkable recovery. Bitcoin and gold prices declined, coinciding with a rise in Treasury yields, showcasing the interconnectedness of various financial instruments. Despite some indices finishing slightly down, the markets resilience was evident as many bounced back from early losses, highlighting the dynamic nature of todays financial landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.