LEIBOVIT VR NEWSLETTERS – THURSDAY – JUNE 20, 2024 – FULL MOON AND SUMMER SOLSTICE OVERLAP AI LUNACY AND MARKET DIVERGENCE
https://www.howestreet.com/2024/06/ai-mania-still-driving-stocks-higher-mark-leibovit/
DANGER DANGER WILL ROBINSON
U.S. Stocks Finish Choppy Trading Session Modestly Higher
Following the strong upward move seen over the course of the previous session, stocks turned in a relatively lackluster performance during trading on Tuesday. Despite the choppy trading, the S&P 500 and the Nasdaq once again reached new record closing highs.
The major averages all finished the day modestly higher. The S&P 500 climbed 13.80 points or 0.2 percent to 5,487.03, the Dow rose 56.76 points or 0.2 percent to 38,834.86 and the Nasdaq inched up 5.21 points or less than a tenth of a percent to 17,862.23.
The choppy trading on Wall Street came following the release of a mixed batch of U.S. economic data, with […]
LEIBOVIT VR NEWSLETTERS – TURNAROUND TUESDAY – JUNE 18, 2024
https://www.howestreet.com/2024/06/ai-mania-still-driving-stocks-higher-mark-leibovit/
DANGER DANGER WILL ROBINSON
Nasdaq, S&P 500 Reach New Record Closing Highs
Stocks showed a lack of direction early in the session on Monday but moved notably higher over course of the trading day. The major averages all moved to the upside, with the Nasdaq and the S&P 500 reaching new record closing highs.
The major averages pulled back off their best levels going into the close but remained firmly positive. The Nasdaq jumped 168.14 points or 1.0 percent to 17,857.02, the S&P 500 advanced 41.63 points or 0.8 percent to 5,473.23 and the Dow
climbed 188.94 points or 0.5 percent to 38,778.10.
Traders initially seemed reluctant to make significant moves as they took a moment to assess the […]
