Reported 8 months ago
On Tuesday, US stocks closed mixed with the Nasdaq and S&P 500 breaking three-session losing streaks due to Nvidia's nearly 7% surge, while the Dow fell 0.8% covering 300 points. Nvidia's stock rebounded after a three-day skid, positively impacting the tech-heavy Nasdaq Composite which finished up about 1.3%. The S&P 500 also rose around 0.4%. Investors are pondering profits from AI-linked names as a strong quarter ends. Home prices hit a record high in April, although growth slowed from the previous month. Additionally, consumer confidence slipped in June, while Nvidia stock climbed back after a three-day loss, with Bitcoin also regaining strength.
Source: YAHOO