Trade Cisco Looking Beyond Fundamental and Earnings
@nerdbull1669:
The major U.S. stock indices, including the S&P 500 (+1.2%), Nasdaq Composite (+1.4%), and Dow Jones Industrial Average (+0.8%), ended the day at or near record highs. This positive momentum was largely in response to the April Consumer Price Index (CPI) data, which indicated a slight easing in inflation. Sector Performance - Info Tech Led The Gains Many stocks are showing broad gains. We have the Information Technology sector leading the gains, closing up 2.29%, with significant contributions from semiconductor companies $NVIDIA Corp(NVDA)$ and $Broadcom(AVGO)$ . Yet, the consumer discretionary sector was the weakest performer, largely unchanged from the previous day, impacted by declines in Tesla