Nvidia Leads Tech Rebound, but Most Sectors Fall
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Wall Street did a 180 on Tuesday, with most shares declining even as tech, led by Nvidia, gained significant ground from Monday's heavy losses. Yields fell on weak U.S. data.
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An early rally to all-time highs reversed and stocks ended lower as yields climbed amid political uncertainty. The broader market rose 4% for the quarter and 14% so far this year.
Published 06/28/24
Published 06/28/24
Nvidia slumped again, but many software and cloud stocks gained, and the market rose slightly ahead of Friday's PCE data. Yields fell and will be in focus after the report.
Published 06/27/24