Major US indices are trading higher with the NASDAQ and S&P both at record levels. Dow industrial average is the laggard with 19 of the 30 stocks lower.
Nvidia shares are higher by $7.81 or 4.81% at $172. The high price reached $172.26.
The U.S. government will again allow Nvidia to ship powerful AI chips to China in a key reversal.
The likes of J.P. Morgan and Citigroup announced the earnings today ahead of the opening which were better than expectations at Wells Fargo and BlackRock also be expectations handily. Despite the better earnings, the shares are still lower.
- BlackRock -6.08%
- Wells Fargo -4.93%
- J.P. Morgan -0.80%
- Citigroup is the lone wolf with a gain of 0.77%
This article was written by Greg Michalowski at www.forexlive.com.