Economy

US Stock Market prediction: S&P 500, Dow Jones, Nasdaq to trade cautiously on Monday? Top stocks to watch out on September 15

US stock market investors on Monday will keep eye on as expectations built on Wall Street that the Fed will resume cutting rates soon. On Friday, S&P 500 slipped 3.18 points to 6,584.29. The Dow Jones Industrial Average fell 273.78 to 45,834.22, and the Nasdaq composite rose 98.03 to 22,141.10. However, Wall Street coasted to the finish of its best week in the last five on Friday as U.S. stocks hung near their record levels.

Top Stocks in Focus

A few stocks will be under scanner at the US Stock market. These are – Oracle, Super Micro Computer, Nvidia, and Microsoft.
Oracle sank 5.1 per cent and was the single heaviest weight on the S&P 500 index. But that shaved only a bit off its surge from earlier in the week, when it soared to its best day since 1992 amid excitement about its winning multibillion dollar contracts related to artificial-intelligence technology.

Another company that’s benefited from the AI frenzy, Super Micro Computer, rose 2.4 per cent after saying it’s begun high-volume shipments of racks using Blackwell Ultra equipment from Nvidia that can be used for AI.


Microsoft climbed 1.8 per cent after European Union regulators accepted the tech giant’s proposed changes to its Teams platform, resolving a long-running antitrust investigation.The Oracle stock surge was “stunning from a market dynamic standpoint that such a large company would see a market reaction of that magnitude,” PNC’s Ma said.

FAQs

Q1. What are top indexes of US Stock Market?
A1. Top indexes of US Stock Market are S&P 500, Dow Jones, and Nasdaq.

Q2. Which stocks will be under scanner at US Stock Market?
A2. A few stocks will be under scanner at the US Stock market. These are – Oracle, Super Micro Computer, Nvidia, and Microsoft.

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