S&P 500 falls after briefly topping 5,500 for the first time ever: Live updates
Publishing timestamp: 2024-06-20 13:41:59
Summary
S&P 500 briefly passed 5500 for the first time, but pulled back as Nvidia declined. Market bellwether Nvidia briefly unseated Microsoft as most valuable public company. Darden Restaurants and Gilead Sciences saw gains after positive earnings reports. Energy sector saw gains while information technology sector led the market lower. Unemployment claims are rising, and economic data points to a potential slowdown. Bond market saw some improvement, but outlook remains uncertain. European stocks opened higher, and investors are watching economic data releases closely.
Sentiment: MIXED
Tickers: NKE, XOM, AVGO, GILD, MU, DRI, .DJI, EPAM, AMD, @DJ.1, .IXIC, CSA-FF, .STOXX, MPC, SMCI, CVX, NVDA, @ND.1, INTC, DJT, HES, JBL, ENPH, AMZN, CRM, .SPX, ON,
Keywords: gilead sciences inc, nvidia corp, dow jones fut (mar'23), broadcom inc, united states, darden restaurants inc, nasdaq 100 fut (mar'23), breaking news: markets, dow jones industrial average, s&p 500 index, markets, nasdaq composite, stock markets, business news,