Reported about 1 year ago
The article reports that the Nasdaq Composite index edged higher as Amazon's stock rose, crossing the $2 trillion market cap for the first time ever. The S&P 500 and Dow Jones also saw gains, while Treasury yields increased slightly. Market uncertainties remain as investors look for economic cues and await key inflation data. Other notable movements include Rivian's shares jumping after an alliance with Volkswagen, FedEx's stock rising on strong profit forecast, and Chipotle's 50-for-1 stock split taking effect. The article also discusses the increase in viewership of free, ad-supported streaming platforms and new home sales falling to a six-month low due to high mortgage rates.
Source: YAHOO