The S&P 500 was scarcely altered Monday as Wall Street headed into the final week of June and the first half of 2024 at record highs.
The broad market index hovered slightly below the flatline, while the Nasdaq Composite fell 0.2%. The Dow Jones Industrial Average rose 86 points (0.2%).
On Thursday, the S&P 500 set an intraday high of 5,505.53, capping another profitable week. Last week, the stock benchmark increased by 0.6%, marking the ninth consecutive week of gains.
However, signs of weariness have recently emerged, particularly with market leader Nvidia’s back-to-back sell-offs.
The chipmaker lost 4% last week, following two straight losses of more than 3%.
Source (CNBC)
