CNBC Daily Open: Dow sinks 600 points, Nvidia soars
Publishing timestamp: 2024-05-23 20:36:47
Summary
The Dow Jones Industrial Average dropped over 600 points, led by Boeing. Nvidia's stock soared after strong earnings, while Tesla's CEO disapproved of Chinese EV tariffs. Boeing's stock sank due to continued cash burn. The U.S. sues Live Nation for alleged monopolistic practices. Wall Street analysts are optimistic about Nvidia's future, especially after its upcoming stock split. Traders are concerned about inflation and geopolitical issues impacting the market.
Sentiment: MIXED
Keywords: breaking news: markets, world markets, united states, prices, nvidia corp, breaking news: technology, inflation, consumer prices, technology, stoxx 600, banks, business news, markets,
Source: https://www.cnbc.com/2024/05/24/cnbc-daily-open-dow-sinks-600-points-nvidia-soars.html