[Breaking] New York Stock Market Mixed Close... Nasdaq Up 1.71% on Nvidia Surge

by Cho Seulkina

Published 26 May.2023 05:02(KST)

The three major indices of the U.S. New York Stock Exchange closed mixed on the 25th (local time) as concerns over a federal government default approached within a week. The Nasdaq index rallied, buoyed by Nvidia's strong earnings forecast announced the previous day, while the Dow Jones Industrial Average showed a slight decline.

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On that day in the New York Stock Exchange, the Dow index closed down 0.11% compared to the previous session. In contrast, the S&P 500 index, centered on large-cap stocks, rose 0.88%, and the tech-heavy Nasdaq index closed up 1.71%.

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