AMD And Nvidia Lead The Nasdaq Higher Thursday

U.S. indices had a mixed day of trading following Wednesday's Fed announcement. The Fed raised its inflation outlook for 2021 and 13 officials said they see a rate increase in 2023.

  • The Invesco QQQ Trust Series 1 QQQ finished higher by 1.27% to $345.34
  • The SPDR Dow Jones Industrial Average ETF Trust DIA lost 0.62% to $338.65
  • The SPDR S&P 500 ETF Trust SPY fell by 0.03% to $421.97

Advanced Micro Devices, Inc. AMD, NVIDIA Corporation NVDA and Paypal Holdings Inc PYPL were among the top gainers for the Nasdaq Thursday.

Fox Corp Class B FOX, Biogen Inc BIIB and Sirius XM Holdings Inc SIRI were among the top losers in the QQQ.

Elsewhere On The Street

GameStop Corporation GME opened the year, on Jan. 4, 2020, at the price of $17.25 but now its stock can fluctuate $30-$50 on any given day... GME) opened the year, on Jan. 4, 2020, at the price of $17.25 but now its stock can fluctuate $30-$50 on any given day.">Read More

Cleveland-Cliffs Inc CLF was trading down over 8% at one point Thursday amid overall market weakness following inflation fears stoked by the Federal Reserve’s policy statement... Read More

Advanced Micro Devices Inc. AMD shares were trading higher Thursday after the chipmaker and Google Cloud announced T2D... Read More

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