Reported about 1 year ago
Stocks, particularly high-flying technology shares, faced volatility as Nvidia Corp. dropped during its annual shareholder meeting. The S&P 500 remained near 5,460 with Micron Technology Inc. facing a test with upcoming earnings. Investors showed F.O.M.O in tech-heavy indices while concerns about market breadth persisted. Despite positive sentiments on AI investment, excessive valuations and falling correlations posed risks. Annual bank stress tests results were also awaited, with big U.S. banks already showing optimism by increasing stock buybacks.
Source: YAHOO