U.S. Averages End 1H With Tech-Led Gains -- Market Talk

Dow Jones06-29 04:05

1605 ET - U.S. stock indices fall at the end of a winning 1H marked by continuous rise in technology stocks. Nvidia alone has gained $1.8 trillion in market cap this year, nearly $800 billion in 2Q, with its stock rising 149% year-to-date, underscoring U.S. markets' AI-centered tech drive. Today, Nike falls 20% after the shoemaker cut guidance and reported an unexpected drop in sales. The three major averages fall 0.7% or less today, but in 1H the Nasdaq is up 18%, S&P 500 is up 14% and the DJIA gains 4%. (paulo.trevisani@wsj.com; @ptrevisani)

(END) Dow Jones Newswires

June 28, 2024 16:05 ET (20:05 GMT)

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Nvidia alone has gained $1.8 trillion in market cap this year, nearly $800 billion in 2Q, ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2098885051.SGD","symbol_name":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2447563748","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2447563748","pubTimestamp":1719605100,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1605 ET - U.S. stock indices fall at the end of a winning 1H marked by continuous rise in technology stocks. 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