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US Stocks Set to Recover After Tech-led Selloff, Nvidia's Market Value Plummets /
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2024-06-25 15:54:22

US Stocks Set to Recover After Tech-led Selloff, Nvidia's Market Value Plummets on Nostr: Tech Stocks Rally Despite Weak Economic Data =============== #de6ef26b ver:0.19 ...

Tech Stocks Rally Despite Weak Economic Data
===============
#de6ef26b ver:0.19

Despite weak economic data, tech stocks rallied, lifting the stock market. S&P 500 rebounded, Nvidia recovered, and weak reports on consumer confidence and home prices didn't deter traders. Fed's commitment to elevated borrowing costs and stable Treasury yields contributed. Bitcoin hit new high. US equities favored over European. Boeing offered to acquire Spirit AeroSystems, Airbus faced parts shortage, Microsoft faced EU fines, OpenAI blocked China access, AbbVie's drug approval failed. Reflects stock market dynamics and sector challenges. #TechStocks #EconomicData #StockMarket #Fed #Bitcoin #Boeing #Airbus #Microsoft #OpenAI #AbbVie...

#newstr #TechStocks #S&p500 #ChipStocks #Nvidia #Autodesk #RocketLab #Accenture #SareptaTherapeutics #Nikola #LennarCorporation

https://here.news/story/de6ef26b?ver=0.19
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