The S&P 500 rose by 0.5% on Thursday, November 21, 2024, driven by strong results from Nvidia. The company reported growth in profit and revenue, despite potential supply chain issues.
Super Micro Computer shares jumped 15% following Nvidia’s mention of their partnership, continuing a streak of gains this week. Deere saw an 8.1% increase in its shares, thanks to reduced production costs, which helped offset declining demand for equipment.
Vistra closed the day up 7.8%, becoming the S&P 500 leader of the year due to high demand for energy from data centers. Alphabet, however, fell 4.7% after the U.S. Justice Department called for the sale of Chrome to eliminate its search monopoly.
GE Healthcare lost 3.4%, citing challenges in the Chinese market and slow recovery in the region.