Significant volatility has been witnessed in the market, especially with technology stocks like Nvidia wavering, thereby influencing the market sentiment.
Various Dow stocks have enjoyed rallies benefiting from gains in influential entities like Salesforce, IBM, and Chevron. Highlighting the inherent instability, forecasts of Dow 100,000 based on interest rate cuts and earning growth have been stated, whereas warnings about potential crashes in June have also been issued. There's speculation about Nvidia's inclusion in Dow after its stock split. While the
S&P 500 and
Nasdaq managed to hit record highs courtesy of AI momentum, tech strength, and Nvidia's performance, they experienced slips influenced by the semiconductor slump, Nvidia slump, and AI stocks skid. Substantial attention has been paid to the potential of 'Dow stocks' like McDonald's, ELF, and Palantir. Contrarily, some believe it's time to retire the Dow. As the Dow reached the ambitious 40000 mark, the stock market has shown mixed outcomes, with instances of rising, logging monthly gains, falling, or remaining unchanged. With Amazon's imminent inclusion into the Dow Jones Industrial Average, it's certainly a period of constant movement in the market.
Dow Stocks DOW News Analytics from Tue, 20 Feb 2024 08:00:00 GMT to Mon, 24 Jun 2024 00:30:00 GMT -
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