Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened: On this day in 1957, the USSR launched Sputnik I, the first artificial Earth satellite.
Where Was The Market: The Dow closed around 496.03 and the S&P 500 traded at 41.24.
For market participants trading Micro WTI Crude Oil futures, Bob Iaccino ranks the top 5 data points to consider.
“Crude oil is a pure supply and demand market, but the dynamics of both supply and demand can shift based on many factors,” says trader Bob Iaccino.
The 1994 movie “Forrest Gump” remains iconic for its look through the decades of the Vietnam War, Civil Rights and multiple presidencies. The movie also features an iconic scene highlighting an investment in a publicly-traded company.
NVIDIA Corporation (NASDAQ: NVDA) shares have outpaced the S&P 500 in 2021, generating a year-to-date total return of 58.8%.
Nvidia is still putting up strong growth numbers, but with a $527 billion market cap, some investors are wondering if there’s any value left in Nvidia stock.