LEIBOVIT VR NEWSLETTERS – WEDNESDAY – JULY 24, 2024- GOOGLE AND TSLA DISAPPOINT – A NICE TURNAROUND TUESDAY FOR THE BEARS
NEXT PODCAST – THURSDAY EVENING
https://www.howestreet.com/2024/07/are-the-latest-stock-market-bumps-manipulation-mark-leibovit/
Major Averages Finish Choppy Trading Session Modestly Lower
Stocks showed a lack of direction over the course of the trading session on Tuesday, with the major averages bouncing back and forth across the unchanged line following the strong upward move seen in the previous session.
The major averages eventually ended the day modestly lower. The Dow slipped 57.35 points or 0.1 percent to 40,358.09, the Nasdaq edged down 10.22 points or 0.1 percent to 17,997.35 and the S&P 500 dipped 8.67 points or 0.2 percent to 5,555.74.
The choppy trading on Wall Street came as traders expressed some uncertainty about the outlook for the markets following recent volatility.
Stocks moved sharply higher over the course of the trading session on Monday, with technology stocks seeing a significant rebound following last week’s sell-off.
Traders may also have been reluctant to make significant moves ahead of the release of key earnings and economic news in the coming days.
On the earnings front, Google parent Alphabet (GOOGL) and electric vehicle maker Tesla (TSLA) are among the companies due to release their quarterly results after the […]
LEIBOVIT VR NEWSLETTERS – ‘TURNAROUND TUESDAY’ – JULY 23, 2024
NEXT PODCAST – THURSDAY EVENING
https://www.howestreet.com/2024/07/are-the-latest-stock-market-bumps-manipulation-mark-leibovit/
Stocks moved sharply higher over the course of the trading session on Monday, with technology stocks seeing a significant rebound following last week’s sell-off. The tech-heavy Nasdaq posted a standout gain, although all three major averages moved to the upside on the day.
The major averages moved roughly sideways going into the close, hovering near their best levels of the day. The Nasdaq surged 280.63 points or 1.6 percent to 18,007.57, the S&P 500 jumped 59.41 points or 1.1 percent to 5,564.41 and the Dow rose 127.91 points or 0.3 percent to 40,415.44.
The strength on Wall Street came as tech stocks regained ground following the steep drop seen last week, which saw the Nasdaq plunge by 3.7 percent.
AI darling and tech sector leader Nvidia (NVDA) helped lead the way back to the upside, spiking by 4.8 percent after plummeting by 8.8 percent last week.
The advance by Nvidia contributed to considerable strength among semiconductor stocks, with the Philadelphia Semiconductor Index soaring by 4.0 percent after ending last Friday’s trading at its lowest closing level in well over a month.
Considerable strength was also visible among computer hardware […]
