Reported 8 months ago
On June 20, 2024, the stock market saw the S&P 500 and Nasdaq indexes slip from record highs earlier in the session as Nvidia's surge paused. While the S&P 500 briefly reached 5,500 for the first time, it eventually lost around 0.2%, and the Nasdaq Composite dropped almost 0.8%. In contrast, the Dow Jones Industrial Average rose by about 0.7%. Nvidia's stock, which had experienced a significant surge, saw a dip of over 3% on that day, despite still being up more than 170% for the year. Global central banks, such as the Swiss National Bank and Bank of England, were also in focus during the day's trading. Additionally, energy-related stocks experienced gains, with oil prices rising and energy sector ETFs performing well.
Source: YAHOO