Stock market today: Dow, S&P 500, Nasdaq waver as Wall Street braces for Election Day
Published On Nov 4, 2024, 3:07 PM
US markets faced fluctuation as investors prepared for significant events such as the presidential elections and the Federal Reserve's policy meeting. The S&P 500 and Nasdaq remained near unchanged, while the Dow Jones dropped slightly. A solid earnings season and potential interest rate cuts offer some optimism. Recent polls indicate a tighter race between Kamala Harris and Donald Trump, leading to increased market volatility. Notably, Nvidia's stock rose on news of its upcoming inclusion in the Dow, reflecting a positive market anticipation for technology stocks as AI investments continue to grow. Oil prices surged due to OPEC+'s decision to delay output increases. Moreover, Peloton saw a rise following a stock upgrade, while Constellation Energy felt declines after a regulatory setback.