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Investor's Business DailyDow Jones Futures: Market Rally Pauses As Nvidia Skids; Fed's Inflation Gauge Ahead
The stock market paused late in the week as Nvidia led AI chips lower. Micron earnings and the Fed's inflation gauge loom.
- Associated Press Finance
How major US stock indexes fared Friday, 6/21/2024
The Dow Jones Industrial Average edged higher by less than 0.1%, and the Nasdaq composite fell 0.2%. U.S. Treasury yields held steady after a preliminary report suggested U.S. business activity is stronger than expected while pressure on inflation remains muted. The Nasdaq composite fell 32.23 points, or 0.2%, to 17,689.36.
Benzinga5 Charts Expose Troubling Weaknesses In Record-High Stock Market: 'This Is Not Normal'
As the S&P 500 and Nasdaq 100 indices continue to notch new all-time highs, it’s clear that the rising tide has not lifted all boats. Sharp-eyed analysts and investors have noted some discordant features in a stock market at its peak, raising questions about the euphoria that currently reigns supreme on Wall Street. Mega-Cap Dominance Unprecedented Since Late 2008 The dominance of mega-cap stocks hasn’t been this pronounced in nearly sixteen years. The top 100 U.S. stocks by market capitalizatio
