6 minutes ago
Nvidia shares fell in early trading
Nvidia shares fell more than 2% in premarket trading, putting the AI darling off to a sluggish start to the second half of the year. The chipmaker surged about 150% in the first half of 2024 as investors bet artificial intelligence will help boost profits.
51 minutes ago
European stocks rise as focus shifts to France
European shares rose on Monday morning, with the region’s Stoxx 600 index bouncing back from a four-game losing streak to trade up 0.45%.
France’s CAC 40 index led the gains, up 1.4% as of 10 a.m. London time, as investors assessed results from a first round of parliamentary elections that suggested no party may win an absolute majority. Markets have been spooked by proposals from both the far-right and left-wing coalitions.
Britain’s FTSE 100 and Germany’s DAX both rose about 0.4%.
Jenni Reed
11 hours ago
How high will the major stock indexes rise at the start of the second half of the year?
Heading into the second half of the year, major stock averages are as follows:
Dow Jones Industrial Average:
- It rose 1.1% in June, marking the seventh consecutive month of growth in the eight months.
- It fell 1.7%, marking the first decline in three quarters.
- 3.8% annual increase
S&P 500:
- It increased by 3.5% in June, marking the seventh consecutive month of growth out of eight.
- 3.9% increase for 6 consecutive quarters out of 7
- Increase of 14.5% in 2024
Nasdaq Composite Index:
- It rose 6% in June, marking the seventh consecutive month of growth in the eight months.
- It rose 8.3% for the quarter, marking three consecutive quarters of positive growth and the first since the five-quarter streak of positive growth that ended in the second quarter of 2021.
- This year, it has increased by 18.1%
— Samantha Sabin, Chris Hayes
11 hours ago
