US stock market = rebound, return of funds to large growth stocks
Good morning everyone ✌️ were you able to pick it up well at the bottom 🤫 From now on, it will rebound in the same way as when it fell slightly in April and update the upper price ❣️
By David French
July 23, 2024 at 6:53 AM GMT
[22nd Reuters] - The US stock market closed due to a rebound in the three major stock price indices. Funds have returned to large growth stocks.
S&P 500 (.SPX), opens new tab and NASDAQ general (.IXIC), opens new tab had the worst weekly performance since April last week. 30 types of Dow Jones Industrial Stock (.DJI), opens new tab continued to fall for 2 business days after breaking a record high with a closing price on the 17th.
On this day, large stocks Alphabet (GOOGL.O), Meta Platforms (META.O), and Tesla (TSLA.O) rose 2.2-5.1% across the board. There was a rebound from the previous week's decline.
Semiconductor giant NVIDIA (NVDA.O) also rose 4.8%. Reuters reported that they are preparing a model for the Chinese market in line with current US export restrictions for the flagship semiconductor “Blackwell” for the new artificial intelligence (AI).
Information technology (.SPLRCT) recorded the largest rate of increase in the S&P major sector, with a 2% increase. It put an end to a four-business day decline.
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