Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • đŸ”„
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Shares finish down with investors focused on Nvidia results, oil prices gain
Economy

Shares finish down with investors focused on Nvidia results, oil prices gain

Last updated: May 29, 2025 4:05 am
Share
Shares finish down with investors focused on Nvidia results, oil prices gain
SHARE

Global shares experienced a slight dip on Wednesday, breaking a two-day winning streak as investors assessed Nvidia’s latest results. Meanwhile, oil prices climbed higher due to supply concerns following OPEC+’s decision to maintain production levels and the U.S. government’s restriction on Chevron from exporting Venezuelan crude.

The positive market sentiment that had been buoyed by the easing of trade tensions between the U.S. and Europe, following President Donald Trump’s decision to delay imposing tariffs on European goods, seemed to wane slightly. Trump’s announcement of upcoming trade meetings with the European Union was viewed as a positive development.

Nvidia, a prominent semiconductor maker, reported sales that exceeded analyst expectations. However, its second-quarter revenue forecasts fell slightly below Wall Street projections, attributed to tighter U.S. restrictions on exports of its AI chips to China. Despite this, Nvidia’s shares saw a modest decline during regular trading hours but rose by 3% in extended trading.

On Wall Street, all three major indexes closed lower, with utilities, energy, and materials stocks leading the decline. The Dow Jones Industrial Average dropped by 0.58% to 42,098.70, the S&P 500 fell by 0.56% to 5,888.55, and the Nasdaq Composite declined by 0.51% to 19,100.94.

In Europe, the STOXX 600 index finished 0.61% lower after rising for the past two days due to the tariff pause between Trump and the EU. The FTSE in Britain also fell by 0.59%. The global stocks gauge, MSCI, fell by 0.54% to 876.37.

Bill Strazzullo, chief markets strategist at Bell Curve Trading in Boston, noted that the current market movement is part of the price discovery process. He anticipates a period of uncertainty in the coming months due to unresolved tariff issues and their potential impact on inflation, the economy, and the Federal Reserve’s response.

See also  Latin America wary of US trade backlash as it builds relations with China

OPEC+ maintained its output policy and agreed to establish baselines for 2027 oil production. Additionally, the Trump administration granted Chevron authorization to retain assets in Venezuela but prohibited oil exports or expansion activities. As a result, Brent crude futures rose by 1.26% to $64.90 a barrel, while U.S. West Texas Intermediate crude increased by 1.56% to $61.84 a barrel.

The Federal Reserve’s latest meeting minutes revealed concerns about potential trade-offs between rising inflation and unemployment in the upcoming months. Treasury yields in the U.S. rose, with the 10-year note yield increasing by 3.9 basis points to 4.473% and the 30-year bond yield gaining 2.8 basis points to 4.9676%.

The U.S. dollar strengthened against various currencies, including the euro and yen, driven by optimism surrounding trade deals and weak demand for Japanese 40-year bonds. Gold prices, however, experienced a decline, with spot gold falling by 0.18% to $3,293.66 an ounce, and U.S. gold futures settling 0.2% lower at $3,294.90.

In conclusion, the financial markets continue to navigate through a mix of positive and negative factors, with trade tensions, geopolitical developments, and economic data influencing investor sentiment and market movements. As uncertainties persist, investors remain vigilant and adaptive to potential shifts in the global economic landscape.

TAGGED:finishfocusedgaininvestorsNvidiaoilPricesResultsShares
Share This Article
Twitter Email Copy Link Print
Previous Article Paper plants can emit as much CO2 as oil refineries Paper plants can emit as much CO2 as oil refineries
Next Article Caves and other mountain hideouts are being searched for fugitive Grant Hardin known as ‘Devil in the Ozarks’ Caves and other mountain hideouts are being searched for fugitive Grant Hardin known as ‘Devil in the Ozarks’
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Gunman allegedly kills ex-wife’s new man as he belts out a Linkin Park song at karaoke

An Ohio man is facing murder charges after allegedly shooting and killing his ex-wife's new…

July 19, 2025

Mariah Carey Reveals Mother and Sister Both Died on the Same Day

Mariah Carey is currently mourning the loss of her mother, Patricia, and her sister, Alison,…

August 27, 2024

Lester Holt Finds New ‘Appeal’ in ‘Dateline’ Podcast, Tackling Much-Scrutinized Texas Death Sentence Case

Lester Holt, a stalwart of NBC News, is ready to apply skills from his early…

September 29, 2025

Daughter eerily claims ‘I never had a mother’ after allegedly stabbing 84-year-old mom to death in NY Thanksgiving Eve attack

A tragic incident occurred on Thanksgiving Eve in Long Island, where a Queens woman allegedly…

November 29, 2024

US government debt steadies after week of brutal selling

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favorite…

April 14, 2025

You Might Also Like

Is Wall Street Bullish or Bearish on Freeport-McMoRan Stock?
Economy

Is Wall Street Bullish or Bearish on Freeport-McMoRan Stock?

October 31, 2025
Verizon Communications Stock: Analyst Estimates & Ratings
Economy

Verizon Communications Stock: Analyst Estimates & Ratings

October 31, 2025
BTIG Remains Positive on NextEra Energy (NEE), Highlighting its “Premier Generation Development Platform”
Economy

BTIG Remains Positive on NextEra Energy (NEE), Highlighting its “Premier Generation Development Platform”

October 31, 2025
3 Must-Buy Stocks Fueling the Data Center Surge
Economy

3 Must-Buy Stocks Fueling the Data Center Surge

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?