|Bid||117.02 x 1200|
|Ask||117.01 x 900|
|Day's Range||116.65 - 121.00|
|52 Week Range||53.15 - 145.09|
|Beta (5Y Monthly)||1.25|
|PE Ratio (TTM)||31.70|
|Forward Dividend & Yield||0.82 (0.68%)|
|Ex-Dividend Date||Feb 05, 2021|
|1y Target Est||N/A|
The Dow Jones climbed steadily higher Monday while the Nasdaq reversed lower. Over the past hour of trading, the S&P 500 back off from earlier highs.
On March 8, David Tepper, the founder of Appaloosa Management, said during an interview with Joe Kernen of CNBC that the rise in interest rates on 10-year U.S. Treasury notes (BX:TMUBMUSD10Y) to a yield of about 1.60% signaled that a major risk for U.S. bonds and stocks was “off the table.” Tepper, whose predictions are closely watched by Wall Street, went on to say that the expected $1.9 trillion government stimulus would be a near-term catalyst for stocks, pointing to Amazon.com Inc. (AMZN) as especially attractive. Amazon’s shares fell 8.5% for the three-week period through the close March 5.
If you're looking at the stock market on Monday, you might be confused by what you see. NVIDIA (NASDAQ: NVDA) was the biggest loser among top Nasdaq stocks, falling between 4% and 5% as past enthusiasm about heavy tech demand and semiconductor chip shortages have given way to worries about the future course of the IT industry.