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Stock futures are little changed after S&P 500 notches record close: Live updates

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Stock futures are little changed after S&P 500 notches record close: Live updates

2 Mins Ago

Nvidia is surging. When to decide whether it’s time to take some chips off the table

Big Tech names, including artificial intelligence darling Nvidia, are taking over this rally, and their hot streak raises the question of whether it may be time to sell a few holdings.

There is more to rebalancing your portfolio than just selling highly appreciated positions, however, according to Blair duQuesnay, certified financial planner and investment advisor at Ritholtz Wealth Management in New Orleans.

See Chart…

Nvidia’s 2024 performance

Rather, pruning a few winning positions and then redeploying those proceeds in other asset classes can help resolve distortions in your portfolio.

Here’s where to begin.

Darla Mercado

2 Mins Ago

Biggest movers in extended trading

A Lululemon sign is seen at a shopping mall in San Diego, California, on Nov. 23, 2022.

Mike Blake | Reuters

A few stocks are making notable moves in extended trading

Lululemon Athletica — The athleisure company jumped about 9% after posting first-quarter results that beat Wall Street’s estimates on the top and bottom lines.

Five Below — The discount retailer tumbled 15% after issuing disappointing guidance on revenue for the second quarter.

See the full list here.

Darla Mercado, Samantha Subin

2 Hours Ago

Stock futures open little changed

Stock futures opened little changed on Wednesday evening.

Futures tied to the S&P 500 were flat, while Nasdaq-100 futures inched up 0.05%. Futures connected to the Dow Jones Industrial Average dipped 10 points.

— Samantha Subin

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