Stocks open mixed with tech sector under pressure

Reported 11 months ago

Stocks opened the final trading week of June with a mixed market, as the Dow Jones Industrial Average started with slight gains while the NASDAQ composite moved lower. The Technology Select Sector SPDR Fund (XLK) faced downward pressure, driven by a decline in NVIDIA stock. The Russell 2000 showed upwards momentum last week, while broader market trends in the tech sector were analyzed by Jared Blikre. The market outlook remains uncertain, with seasonal headwinds expected in mid July despite recent bullish inflows into tech.

Source: YAHOO

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