Top Stock Movers Now: Nvidia, Tesla, Helen of Troy, Pfizer, and More

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Key Takeaways

  • The S&P 500 and Nasdaq added to their all-time highs astatine midday arsenic Fed Chair Jerome Powell told Congress economical maturation could beryllium wounded by keeping liking rates precocious for excessively long.
  • Nvidia's banal rose. Its value target was raised by KeyBanc, which doesn't spot immoderate pullback successful request for nan company's chips.
  • Helen of Troy posted worse-than-expected results and trim its outlook connected slowing request for beauty and wellness products. Its shares plummeted.

The record-setting gait for nan S&P 500 and Nasdaq continued astir midday Tuesday arsenic Federal Reserve Chair Jerome Powell told Congress leaving liking rates precocious for excessively agelong could wounded economical growth. The Dow ticked lower.

Nvidia (NVDA) shares precocious arsenic KeyBanc raised its price target connected nan shares, pinch nan analysts arguing there’s nary motion of a request region for its artificial intelligence (AI) chips. Shares of Chemours (CC) roseate aft an upgrade from UBS, which said nan chemic company’s banal could outperform because of higher prices and income of refrigerants. The rally successful Tesla (TSLA) shares continued into a 10th consecutive day. 

Helen of Troy (HELE) shares plunged aft nan institution down a wide scope of user products missed profit and income estimates and trim its guidance connected falling request for its beauty and wellness products. BP's (BP) American Depositary Receipts (ADRs) slid aft nan British lipid shaper said it would return an up to $2 cardinal impairment charge and warned that little refining margins would wounded earnings.

Pfizer's (PFE) shares declined. The pharmaceutical firm’s main intelligence who helped create its COVID-19 vaccine stepped down. 

Oil futures mislaid ground, while golden was astir flat. The output connected nan 10-year Treasury statement climbed. The U.S. dollar was up versus nan euro, pound, and yen. Prices for astir awesome cryptocurrencies were higher.

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