Nvidia's Late Surge Lifts Market but Yields Eyed
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Wall Street got last-minute support from Nvidia's rebound while other mega caps also surged, but higher yields and a rising dollar provided pressure. Micron fell after earnings.
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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
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