The first trading day of July was marked by share price gains for Tesla and Nvidia, with traders potentially having been encouraged by positive forecasts for these two firms.
Explore the latest major market shifts, Amazon’s $2T milestone and the yen’s weakness against the greenback.
Fueled by a plunge in Nvidia's share price yesterday, Monday, June 24, the Nasdaq Composite experienced its worst trading day since April 2024. This selloff extended to other tech-related stocks, raising concerns about a potential extended decline. Will the tech sector continue to falter?
On Wednesday, June, 12, the S&P500 and the Nasdaq reached new highs. This surge was mostly driven by cooler May inflation data, which supported market speculation on the Fed’s potential rate cuts, as well as tech and homebuilder stocks. Learn more.
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