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CNBC Daily Open: Mega money Musk, Kitty's stake grows - TL;DR CNBC

CNBC Daily Open: Mega money Musk, Kitty's stake grows

Publishing timestamp: 2024-06-14 02:08:17


Summary

The S&P 500 and Nasdaq Composite hit record highs, while the Dow lagged. Tesla shareholders approved Elon Musk's pay plan. Janet Yellen says the national debt is manageable. "Roaring Kitty" increases GameStop holdings. Japan's Nikkei 225 rises after BOJ bond decision. Bank of America predicts Broadcom could join the trillionaires club. Mega-cap technology stocks are concentrating wealth in a few companies, raising concerns about market imbalance.


Sentiment: MIXED

Tickers: GME.DJI

Keywords: stock indices and averagestechnologybreaking news: technologybreaking news: marketsartificial intelligenceeconomic outlookgamestop corpfederal reserve systemdow jones industrial averageworld marketsinterest ratescommercial bankingunited statesdonald trumpbusiness newsjanet yellenmarketseconomic policyelon musk

Source: https://www.cnbc.com/2024/06/14/cnbc-daily-open-mega-money-musk-kittys-stake-grows.html


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