
Stocks opened lower Monday and recovered but ultimately finished in the red during the last regular trading session before Election Day in the U.S. Underneath the surface, one Magnificent 7 stock replaced another atop the global market capitalization rankings. Looming too is a Federal Open Market Committee decision on Thursday.
Starting with the single-stock news. Nvidia (NVDA) added 0.5% after the S&P Dow Jones said the semiconductor stock will replace Intel (INTC), which was down 2.9%, in the 30-stock Dow Jones Industrial Average as of the open this Friday, November 8. Dan Burrows covers everything you need to know about NVDA replacing INTC in the Dow.