CNBC Daily Open: Dow gains as investors turn to banking and energy stocks; Nvidia sinks
Publishing timestamp: 2024-06-25 02:11:59
Summary
The Dow Jones Industrial Average rose as investors shifted from technology to banking and energy stocks, while Nvidia's shares fell. Bitcoin tumbled below $60,000, and there were concerns over potential rate cuts. Chinese Premier defended China's technological advancements amid trade tensions with the EU. Markets in Asia-Pacific mostly rose. Nvidia's rally may have peaked, with some investors cashing in on the stock. S&P 500 has shown resilience, but there are concerns about an overbought market.
Sentiment: MIXED
Keywords: world markets, markets, dow jones industrial average, breaking news: technology, breaking news: markets, stock markets, commercial banking, government and politics, nvidia corp, economic outlook, stock indices and averages, economic policy, marine le pen, business news, microsoft corp, federal reserve system, technology, france government, interest rates, janet yellen, united states, elections, s&p rating services, artificial intelligence,
Source: https://www.cnbc.com/2024/06/25/cnbc-daily-open-dow-up-as-banks-energy-stocks-rise-nvidia-sinks.html