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cover of episode Rally Broadens Despite Struggles for Mega Caps

Rally Broadens Despite Struggles for Mega Caps

2024/11/21
logo of podcast Schwab Market Update Audio

Schwab Market Update Audio

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The market saw substantial gains led by sectors like financials and industrials, with semiconductors also performing well after Nvidia's earnings.
  • Financials and industrials sectors led the market gains.
  • Semiconductors rose after Nvidia's earnings, which beat analyst expectations but missed on guidance.
  • Analysts praised Nvidia's results and raised their price targets.

Shownotes Transcript

Sectors closely tied to broad economic growth keyed the fourth straight day of gains. Industrials, financials, and materials shined, and semiconductors rose after Nvidia's results.

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