U.S. Daily Market Review 14.2.20

Stocks are partly static today as Wall Street digested the release of lower consumer data and high earnings data.

The Dow Jones Industrial Average slipped 37 points, or about 0.1%.

The S&P-500 and the Nasdaq added some ground, boosted by Nvidia shares after its upbeat outlook. Nvidia Corp (NVDA.O) soared 8% as the company forecast first-quarter revenue came higher than initial forecasts.

U.S. consumer sentiment figures for February advanced more than predicted despite the recent outbreak of the coronavirus.

The University of Michigan’s consumer sentiment index registered 100.9 for February.

U.S. industrial production dropped 0.3% in January as warmer weather than usual kept down the output of utilities and Boeing moved to a lower gear in the production process of civilian aircraft.


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