Reported 9 months ago
US stocks edged lower as Amazon (AMZN) led a tech jump, crossing $2 trillion in market cap for the first time. The S&P 500 rose 0.2%, the Dow Jones added 0.04%, and the Nasdaq gained about 0.5%. Meanwhile, Treasury yields slightly rose, with investors observing economic indicators in anticipation of the PCE inflation release. Rivian (RIVN) surged over 23% after an alliance with Volkswagen (VWAGY), and FedEx (FDX) saw a 15% stock increase. Additionally, Chipotle (CMG) executed a 50-for-1 stock split, the largest in NYSE history.
Source: YAHOO