CNBC Daily Open: GameStop can't stop, Dow drops
Publishing timestamp: 2024-06-04 02:43:15
Summary
Weak manufacturing data dents Dow, S&P 500 and Nasdaq edge higher. Nvidia jumps on new AI chips. India stocks sink as election vote counting starts. GameStop surges as meme stock leader holds massive position. Moderna and Merck report positive results for skin cancer vaccine. Microsoft and Alphabet announce layoffs. Investors may have missed critical AI chip stock. Weight-loss market projected to grow. Concerns about economy weigh on Dow. Market trading sideways as valuations are assessed.
Sentiment: MIXED
Keywords: dow jones industrial average, united states, gamestop corp, vaccinations, india government, layoffs, markets, world markets, economic policy, breaking news: markets, technology, microsoft corp, elections, stock indices and averages, immunizations, breaking news: technology, business news, economic outlook,
Source: https://www.cnbc.com/2024/06/04/cnbc-daily-open-gamestop-cant-stop-dow-drops.html