Stock market wobbles as tech rally shows fatigue

Reported 8 months ago

US stocks wavered below the flatline with the S&P 500 and Nasdaq slipping, breaking their recent streak of highs. Nvidia's loss led the tech-heavy Nasdaq down, while AI-driven rally faces scrutiny. Bank of America economists predict a 'gilded glidepath' for the US economy, with risks ahead. Home prices hit record high in May, challenging potential buyers. Some trending stocks include Gilead, Nikola, CarMax, and Nike.

Source: YAHOO

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