CNBC Daily Open: Apple shares pop, Musk drops OpenAI lawsuit
Publishing timestamp: 2024-06-12 02:24:44
Summary
The S&P 500 and Nasdaq hit record highs, driven by Apple shares. Apple announced AI push, Musk dropped lawsuit against OpenAI. GM trimmed EV forecast. Asian markets mixed ahead of Fed meeting. Lingering skepticism on Apple's AI strategy. Goldman Sachs forecasts oil prices to soar. Former World Bank President criticizes Fed and Biden administration's fiscal policies. Wall Street awaits Fed's decision on rate cuts.
Sentiment: MIXED
Keywords: breaking news: markets, united states, federal reserve system, business news, interest rates, breaking news: technology, commercial banking, world markets, markets, technology, economic outlook, apple inc, dow jones industrial average, artificial intelligence, economic policy, stock indices and averages,
Source: https://www.cnbc.com/2024/06/12/cnbc-daily-open-apple-shares-pop-musk-drops-openai-lawsuit.html