{"id":87855,"date":"2023-11-23T05:13:00","date_gmt":"2023-11-23T10:13:00","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/stock-market-today-dow-closes-higher-as-tech-overcomes-nvidia-slip\/"},"modified":"2023-11-23T05:13:01","modified_gmt":"2023-11-23T10:13:01","slug":"stock-market-today-dow-closes-higher-as-tech-overcomes-nvidia-slip","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=87855","title":{"rendered":"Stock Market Today: Dow closes higher as tech overcomes Nvidia slip"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

Investing.com — The Dow ended higher Wednesday ahead of the Thanksgiving holiday as tech shrugged off a slip in Nvidia (NASDAQ:) following chipmaker’s cautious outlook on growth in China ahead of\u00a0<\/p>\n

By 16:00 ET (21:00 GMT), the \u00a0rose 184 points, or 0.5%, the \u00a0gained 0.4% and the \u00a0added 0.5%.\u00a0<\/p>\n

Tech stocks rise despite Nvidia slip; Altman returns to OpenAI<\/h2>\n

Tech stocks were in the ascendency, with a more than 1% increase in Google (NASDAQ:), Microsoft (NASDAQ:) and Meta (NASDAQ:) helping to stem the blow from a more than 2% fall in Nvidia.\u00a0<\/p>\n

NVIDIA Corporation (NASDAQ:) reported guidance and Q3 results that topped Wall Street estimates, but the chipmaker\u00a0warned that sales in China, which accounts for up to a fifth of sales in its high-margin data center business,\u00a0\u00a0would “decline significantly” in its current quarter amid U.S. export restrictions on AI chips to China.<\/p>\n

Elsewhere, Sam Altman is set to return to the helm of OpenAI just days after he was sacked as chief executive of the big-name generative artificial intelligence group.<\/p>\n

HP Inc (NYSE:), meanwhile, rose nearly 3% despite reporting mixed fourth-quarter results as revenue missed Wall Street estimates, while current guidance also fell short of expectations. Some on Wall Street took a cautious view on the stock, expecting HP’s printing business to continue to weigh.\u00a0<\/p>\n

“[W]e remain cautious on slowing capital returns, elevated leverage and a printing business that is just beginning to roll, which we believewill likely limit outperformance, leaving us equal-weight”Morgan Stanely said in a note.<\/p>\n

Deere in seller headlights after guidance spooks investors; Nordstorm’s Q3 results fall short<\/h2>\n

Deere & Company (NYSE:), the world’s largest farm equipment maker, fell 3% after it forecasted 2024 profit below expectations as high borrowing costs and squeezed budgets dented demand for farm equipment.<\/p>\n

The dour fiscal 2024 guidance, which includes a forecast for a fall in net income to range of $7.75B to $8.25B from $10.16B in 2023, offset quarterly results that beat on both the top and bottom lines.<\/p>\n

Nordstrom (NYSE:), meanwhile, also offered a cautious outlook, flagging a “softening consumer spend” and reported third-quarter revenue analyst estimates, sending its shares more than 4% lower.\u00a0<\/p>\n

Energy closes above session lows as oil prices cut losses despite delayed OPEC+ meeting,\u00a0U.S. inventories build<\/h2>\n

Energy stocks ended the day marginally lower after cut losses to settle well above session lows despite fresh signs of increasing crude supply.\u00a0 \u00a0<\/p>\n

The Organization of the Petroleum Exporting Countries and and its allies, or OPEC+, postponed a scheduled meeting to Nov. 30 from Nov. 26, amid struggles to agree on production levels, stoking uncertain over potential output cuts.<\/p>\n

Oil prices were also pressured by a larger than expected draw in weekly U.S. .\u00a0<\/p>\n

EOG Resources Inc (NYSE:), Baker Hughes <\/span><\/span> Co (NASDAQ:) and Occidental Petroleum (NYSE:) were among the biggest decliners, closing nearly 1% lower.<\/p>\n

Treasury yields end mixed on signs of strength in jobs market<\/h2>\n

After briefly touching 2-month lows, Treasury yields ended mixed on the day, with the yield on the 2-year Treasury up 17 basis points to 4.9%, while the slipped 5 bps to 4.409% following mixed economic data.\u00a0<\/p>\n

Weekly U.S. missed expectations, pointing to ongoing labor market strength, while for October undershot economist expectations.\u00a0 \u00a0<\/p>\n

(Peter Nurse and Oliver Gray contributed to this report.)<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Investing.com — The Dow ended higher Wednesday ahead of the Thanksgiving holiday as tech shrugged off a slip in Nvidia (NASDAQ:) following chipmaker’s cautious outlook on growth in China ahead of\u00a0 By 16:00 ET (21:00 GMT), the \u00a0rose 184 points, or 0.5%, the \u00a0gained 0.4% and the \u00a0added 0.5%.\u00a0 Tech stocks rise despite […]<\/p>\n","protected":false},"author":1,"featured_media":87840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-87855","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nStock Market Today: Dow closes higher as tech overcomes Nvidia slip | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Investing.com -- The Dow ended higher Wednesday ahead of the Thanksgiving holiday as tech shrugged off a slip in Nvidia (NASDAQ:) following\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=87855\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock Market Today: Dow closes higher as tech overcomes Nvidia slip | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. Investing.com -- The Dow ended higher Wednesday ahead of the Thanksgiving holiday as tech shrugged off a slip in Nvidia (NASDAQ:) following\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=87855\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-23T10:13:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-23T10:13:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/11\/LYNXMPEA5N0R4_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=87855#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=87855\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Stock Market Today: Dow closes higher as tech overcomes Nvidia slip\",\"datePublished\":\"2023-11-23T10:13:00+00:00\",\"dateModified\":\"2023-11-23T10:13:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=87855\"},\"wordCount\":547,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=87855#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=87855\",\"url\":\"https:\/\/ifintechworld.com\/?p=87855\",\"name\":\"Stock Market Today: Dow closes higher as tech overcomes Nvidia slip | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-11-23T10:13:00+00:00\",\"dateModified\":\"2023-11-23T10:13:01+00:00\",\"description\":\"\u00a9 Reuters. Investing.com -- The Dow ended higher Wednesday ahead of the Thanksgiving holiday as tech shrugged off a slip in Nvidia (NASDAQ:) following\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=87855#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=87855\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=87855#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stock Market Today: Dow closes higher as tech overcomes Nvidia slip\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Stock Market Today: Dow closes higher as tech overcomes Nvidia slip | iFintechWorld","description":"\u00a9 Reuters. Investing.com -- The Dow ended higher Wednesday ahead of the Thanksgiving holiday as tech shrugged off a slip in Nvidia (NASDAQ:) following","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=87855","og_locale":"en_US","og_type":"article","og_title":"Stock Market Today: Dow closes higher as tech overcomes Nvidia slip | iFintechWorld","og_description":"\u00a9 Reuters. Investing.com -- The Dow ended higher Wednesday ahead of the Thanksgiving holiday as tech shrugged off a slip in Nvidia (NASDAQ:) following","og_url":"https:\/\/ifintechworld.com\/?p=87855","og_site_name":"iFintechWorld","article_published_time":"2023-11-23T10:13:00+00:00","article_modified_time":"2023-11-23T10:13:01+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/11\/LYNXMPEA5N0R4_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=87855#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=87855"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Stock Market Today: Dow closes higher as tech overcomes Nvidia slip","datePublished":"2023-11-23T10:13:00+00:00","dateModified":"2023-11-23T10:13:01+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=87855"},"wordCount":547,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=87855#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=87855","url":"https:\/\/ifintechworld.com\/?p=87855","name":"Stock Market Today: Dow closes higher as tech overcomes Nvidia slip | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-11-23T10:13:00+00:00","dateModified":"2023-11-23T10:13:01+00:00","description":"\u00a9 Reuters. Investing.com -- The Dow ended higher Wednesday ahead of the Thanksgiving holiday as tech shrugged off a slip in Nvidia (NASDAQ:) following","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=87855#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=87855"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=87855#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Stock Market Today: Dow closes higher as tech overcomes Nvidia slip"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/87855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=87855"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/87855\/revisions"}],"predecessor-version":[{"id":87856,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/87855\/revisions\/87856"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/87840"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}