CNBC Daily Open: Nvidia unseats Microsoft as world's most valuable company
Publishing timestamp: 2024-06-19 02:24:50
Summary
Nvidia surpasses Microsoft to become the world's most valuable public company, S&P 500 hits another record high, U.S. retail sales growth is tepid, Boeing CEO faces criticism, Taiwan and India hit new stock market highs, and Nvidia's rapid rise poses challenges for tech-focused ETFs. Federal Reserve signals possible rate cut, investors watching for signs of economic weakness.
Sentiment: MIXED
Keywords: dow jones industrial average, interest rates, federal reserve system, microsoft corp, united states, technology, world markets, economic policy, business news, breaking news: markets, nvidia corp, artificial intelligence, economic outlook, stock indices and averages, commercial banking, janet yellen, breaking news: technology, markets,