• November 12, 2024

Why NuScale Power Stock Popped and Then Dropped Today

Shares of NuScale Power (NYSE: SMR), a developmental-stage maker of small modular reactors, initially popped this morning on an announcement from the White House on expanding nuclear energy production. The new plan from the White House aims to triple nuclear energy production by 2050, and the plan is supportive of small modular reactors (SMRs), which it said have "strong potential for both grid-based and behind-the-meter resilient electricity." It also name-checked NuScale's VOYGR power modules, and the plan aims to deploy $900 million for new SMR deployments, some of which could go directly to NuScale.

  • November 12, 2024

Dow, stocks close lower ahead of tomorrow's October CPI data

US stocks (^DJI, ^IXIC, ^GSPC) are seeing red on Tuesday, as the Dow Jones Industrial Average leads indexes lower and the Russell 2000 (^RUT) closes 1.75% lower — both indexes giving up their gains seen at the start of the trading week. Yahoo Finance markets and data editor Jared Blikre recaps the day's market performance while checking out the volatility index (^VIX), the 10-year Treasury yield (^TNX), and the sector winners and losers. For more expert insight and the latest market action, click here. This post was written by Luke Carberry Mogan.