Investors Shift from Tech Stocks to Energy and Bank Stocks; US Stock Market Four Major Indexes Mixed with More Declines than Gains

Reported 8 months ago

On June 24, 2024, investors sold off large-cap tech stocks and redirected funds to the energy and banking sectors. The US stock market four major indexes closed with more declines than gains, with the Dow Jones Industrial Average rising 260 points to close at 39,411 points; the Nasdaq Composite falling 192 points to close at 17,496 points; the S&P500 dropping 16 points to close at 5,447, and the Philadelphia Semiconductor Index declining 167 points to close at 5,371 points.

Source: YAHOO

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