Traders work on the floor of the New York Stock Exchange. <\/p>\n
NYSE<\/p>\n
The S&P 500<\/a> and Nasdaq Composite<\/a> reached new heights on Thursday as the market’s march higher carries on.<\/p>\n The broad market index hovered around the flatline, while the tech-heavy index dropped 0.2%. Both indexes having hit new all-time intraday highs earlier in the session. The Dow Jones Industrial Average<\/a> climbed 50 points, or 0.1%.<\/p>\n Costco<\/a> shares gained 2% after the big-box retailer delivered solid September sales data, with total net sales<\/a> for the five weeks ended Oct. 5 posting a notable increase versus last year. Delta Air Lines<\/a> jumped 6% on better-than-expected earnings.<\/p>\n The S&P 500<\/a> on Wednesday notched its eighth winning day of the last nine. The Nasdaq climbed more than 1% to end above the 23,000 mark for the first time ever.<\/p>\n The Dow<\/a>, on the other hand, finished slightly below flat as blue-chip stocks lagged. But Nvidia<\/a> helped the 30-stock index restrict losses, rising more than 2% after CEO Jensen Huang told CNBC<\/a> that computing demand has “gone up substantially” this year.<\/p>\n “There are reasons to be optimistic ahead, but I wouldn’t be surprised to see some more volatility,” Kevin Mahn, investing chief at Hennion & Walsh Asset Management, said on CNBC’s “Closing Bell Overtime.”<\/a> “When that volatility comes, money will come off the sidelines.”<\/p>\n There is no economic data releases of note on Thursday due to the ongoing government shutdown.<\/p>\n However, investors will monitor morning remarks from Federal Reserve Chair Jerome Powell at a community bank conference, as well as speeches from other Fed officials such as Michelle Bowman and Mary Daly throughout the day. These appearances come a day after the Fed released minutes<\/a> for its most recent policy meeting showing divisions around what to do next with interest rates.<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor of the New York Stock Exchange. NYSE The S&P 500 and Nasdaq Composite…\n","protected":false},"author":2,"featured_media":200241,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[98696,1386,45,161,49,48,26350,7176,49219,4357,57373,1375,100,34135,49221,3098,1238,1369,1371,49220,1378,3097,772],"class_list":["post-200240","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-akero-therapeutics-inc","tag-breaking-news-markets","tag-business","tag-business-news","tag-ca","tag-canada","tag-costco-wholesale-corp","tag-delta-air-lines-inc","tag-dow-jones-fut-sep25","tag-dow-jones-industrial-average","tag-gold-comex-dec25","tag-jerome-powell","tag-markets","tag-mary-daly","tag-nasdaq-100-fut-sep25","tag-nasdaq-composite","tag-novo-nordisk-a-s","tag-nvidia-corp","tag-pepsico-inc","tag-sp-500-fut-sep25","tag-sp-500-index","tag-stock-markets","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/200240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=200240"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/200240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/200241"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=200240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=200240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=200240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}