S&P 500 falls on Friday, heads for first losing week in six: Live updates
Publishing timestamp: 2024-05-31 13:35:10
Summary
The S&P 500 slipped on Friday as investors took profits on Nvidia and other tech stocks, despite Federal Reserve's preferred inflation measure meeting expectations. The Dow Jones traded higher, buoyed by UnitedHealth. Major benchmarks are set to register a sixth positive month in seven, but chip stocks are sliding to end the week. Dell Technologies, Zscaler, and MongoDB are among the companies making notable moves in trading. Costco reported earnings that exceeded expectations, while the Chicago Business Barometer hit its lowest level since November 2022. European markets opened slightly higher, and data from China, Japan, and South Korea showed mixed results. In extended trading, Zscaler surged, MongoDB tumbled, and Dell Technologies plunged.
Sentiment: MIXED
Tickers: SOXX, @ND.1, .STOXX, SOXQ, .SPX, MSFT, .DJI, COST, MDB, IGV, GPS, AMZN, DELL, META, UNDEFINED, KLAC, NOW, .DXY, S, TSLA, NTNX, NVDA, DIS, CRM, NFLX, JWN, ZS, MRK, GTLB, UNH, .IXIC, PATH,
Keywords: meta platforms inc, tesla inc, unitedhealth group inc, dell technologies inc, stock markets, united states, netflix inc, dow jones industrial average, economic events, mongodb inc, nvidia corp, prices, markets, business news, microsoft corp, gap inc, nasdaq 100 fut (mar'23), nordstrom inc, nasdaq composite, breaking news: markets, zscaler inc, s&p 500 index,
Source: https://www.cnbc.com/2024/05/30/stock-market-today-live-updates.html