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S&P 500, Dow trade higher * Bitcoin nears $100,000 * Dollar rises after labor-market data * Russia-Ukraine concerns lift gold, oil (New throughout, updates prices with US market open, recasts headline and first paragraph, adds analyst comments in paragraphs 3, 7) By Chibuike Oguh and Medha Singh NEW YORK, Nov 21 (Reuters) - An index of global stocks edged higher in choppy trading on Thursday as markets digested lackluster revenue forecasts from artificial-intelligence chipmaker Nvidia, while oil prices climbed amid rising tension from the Russia-Ukraine war. Shares of Nvidia, the world's most valuable company and a major contributor to the gains this year in the benchmark S&P 500, hit a record high early in the session before reversing direction and declining about 1%. The chipmaker forecast its slowest revenue growth in seven quarters on Wednesday. "(Nvidia's) results are still good but I think the disappointment came from maybe not quite as much of an upward guide on the Q4 number for the top line," said Garrett Melson, portfolio strategist at Natixis Investment Managers in Boston. On Wall Street, the S&P 500 and the Dow Jones Industrial Average were lifted by energy, industrials and consumer staples stocks. Communication services stocks were the biggest drag on the Nasdaq, driven by losses in Alphabet, which is down about 6%. U.S. prosecutors argued on Wednesday that Alphabet must divest its popular Chrome browser to end Google's search monopoly. The Dow rose 0.84% to 43,774.53, the S&P 500 gained 0.24% to 5,931.60 and the Nasdaq Composite fell 0.40% to 18,890.59. MSCI's gauge of stocks across the globe was up 0.14% to 849 after losing ground early in the session. European shares were up 0.37%. "The market seems to be looking for a narrative right now and is in a little bit of a void for any news that can shape the direction of things," Melson added. Bitcoin soared and is closing in

Mittwoch, 27. November 2024
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