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Strong Quarterly Results Drive US Stock Market Gains Despite Economic Slowdown /
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2024-06-24 19:47:43

Strong Quarterly Results Drive US Stock Market Gains Despite Economic Slowdown on Nostr: Wall Street rises, but cooling AI mania keeps indexes mixed =============== #8e73873c ...

Wall Street rises, but cooling AI mania keeps indexes mixed
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#8e73873c ver:0.69

Wall Street rises, but cooling AI mania keeps indexes mixed. Dow Jones up 0.97%, S&P 500 up 0.26%, Nasdaq down 0.26%. Nvidia's profit-taking leads to 5% drop. Investors await PCE index for May. Oil-and-gas stocks rally. Under Armour settles charges for $434M. Treasury yields steady. UBS economists predict U.S. economy slowing to below 2% growth. Wall Street hopes for slowdown to ease inflation. Goldman Sachs economist predicts rate cut in September. European stocks rise, Asian stocks fall. #WallStreet #StockMarket #Nvidia #PCE #Economy #Inflation #RateCut...

#newstr #UsStockMarket #Nasdaq #Nvidia #PersonalConsumptionExpenditures(pce)Index #Inflation #WallStreet #AiMania #S&p500 #DowJonesIndustrialAverage #Rxo #UnderArmour #TreasuryYields #FederalReserve #Ubs #Economy

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