Pre. Settlement | N/A |
Settlement date | 2024-06-20 |
Open | 76.97 |
Bid | 74.03 |
Last price | 76.99 |
Day's range | 73.98 - 77.52 |
Volume | |
Ask | 74.04 |
The Dow Jones Industrial Average (^DJI) ended Monday's session 115 points lower while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) manage to eke out some gains. Market Domination's Julie Hyman recaps the day's market performances after the ISM's manufacturing Purchasing Managers' Index (PMI) print and OPEC's extended oil (CL=F, BZ=F) production cuts, while Jared Blikre reports on the day's sector action. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
OPEC+, a group of major oil exporting countries, is extending its oil production cuts into 2025. It was a move widely expected by traders. However, some of those production cuts will start to phase out in the fall of 2024. Yahoo Finance's Ines Ferré breaks down the OPEC+ decision and what it could mean for oil prices (CL=F, BZ=F). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
Both Nvidia (NVDA) and Advanced Micro Devices (AMD) announced new AI chips. Shares of the semiconductor companies are seeing a tick up in Monday's pre-market trading. GameStop (GME) stock is rallying yet again after X user (formerly Twitter) "Roaring Kitty" — the username of Keith Gill — posted a screenshot of his portfolio and his investments in the video game retailer. The validity of Roaring Kitty's current GameStop holdings has yet to be verified. OPEC+ opted to extend its oil (CL=F, BZ=F) production cuts into 2025. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.