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Stock Market Roundup, Dec. 5: AMKR, NKE, NVDA Gaining

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It was a positive start to the trading week Monday as the S&P 500, Nasdaq, and Dow were all up during regular trading hours. Tech companies led today’s rally, while one of the year’s most disappointing stocks, Nike (NKE - Free Report) , finally showed signs of life.

Additionally, investors are already eyeing next week’s Fed meeting, which is expected to result in another interest rate hike.

Zacks Rank #1 (Strong Buy) Biggest Movers

Value: Ocean Rig UDW Inc. - +8.19%

Growth: Health Insurance Innovations, Inc. - +7.42%

Momentum: HomeStreet, Inc. (HMST - Free Report) - +8.18%

VGM: Commercial Vehicle Group (CVGI - Free Report) - +6.40%

Income: Braskem SA (BAK - Free Report) - +6.40%

Major Indexes:

DOW: 19,206.17 / +35.75 / +0.19%

NASDAQ: 5,307.45 / +51.80 / +0.99%

S&P 500: 2,204.56 / +12.61 / +0.58%

Top Headlines

Top Stock Picks for the Week of December 5th

Our experts highlighted their top stock picks for this week. The list included Nvidia (NVDA - Free Report) , which surged more than 3.9% on Monday.

Bull of the Day: Amkor Tech

David Bartosiak highlighted Amkor Tech (AMKR - Free Report) , a Zacks Rank #2 (Buy), as Monday’s “Bull of the Day.” Shares of the semiconductor packaging and test services company gained about 3.5% on the day.

Here's Why Sneaker Stocks Are Gaining Today

Nike, which has been the worst-performing component of the Dow this year, gained nearly 3% following an analyst upgrade, while Under Armour (UA - Free Report) was up on the news that it signed its first deal with a professional sports league.

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