00:00It's Benzinga, bringing Wall Street to Main Street.
00:02U.S. stocks closed Mixed Monday ahead of NVIDIA's earnings as falling oil prices offset concerns
00:08about debt used to fund artificial intelligence spending, according to the Wall Street Journal.
00:14The Dow gained 0.26%, while the S&P 500 fell 0.28%, and the Nasdaq Composite dropped 0.76%.
00:25Oil futures fell 2.4% to $85.01 a barrel, after Treasury Secretary Scott Besson announced
00:33sanctions targeting about 60 Iran-linked entities.
00:36The 10-year Treasury yield declined to 4.703%, while the 2-year yield rose slightly to 4.234%.
00:46Gold futures rose 0.4% to $4,640.80 a troy ounce, bringing their gain from mid-July
00:55lows to 16%.
00:56NVIDIA's shares fell 2.9% ahead of its Wednesday earnings report.
01:01Investors are also watching rising borrowing costs as technology companies take on more
01:06debt to finance AI investments.
01:08For all things money, visit Benzinga.com.
Comments