U.S. markets were mixed on Thursday. By the close in New York, the Dow had settled at 49,499 points, up just a few points from the previous day. Minutes earlier, the broader S&P 500 was down 0.5 percent at around 6,909 points, while the tech‑heavy Nasdaq saw its Nasdaq 100 index slipping 1.2 percent to roughly 25,034 points.
Nvidia surpassed analysts’ expectations for revenue and earnings with the quarterly results released after market close on Wednesday. Despite the strong fundamentals, the stock of the AI hopeful fell on Thursday. Investors were especially concerned about China trade prospects and the ongoing shortage of gaming chips-a situation that makes Nvidia’s performance a key gauge of how artificial intelligence is influencing the economy.
The euro weakened slightly on Thursday evening: one euro bought 1.1803 U.S. dollars, meaning one dollar fetched 0.8472 euros.
Gold benefited late on the day, trading at 5.198 U.S. dollars per fine ounce-up 0.6 percent-equivalent to 141.59 euros per gram.
Oil, meanwhile, edged up modestly. A barrel of Brent crude was priced at about 70.92 U.S. dollars at 10 p.m. German time on Thursday, 7 cents-or 0.1 percent-higher than the close of the previous trading day.