U.S. stocks rose across the board Monday following Biden’s decision to drop out of the 2024 race for the White House.
All three of the major market averages ended the session higher as the Nasdaq Composite registered its best day since June with help from Nvidia. Reports surfaced that the AI chipmaker is working on a new chip dedicated to China.
Nasdaq Composite Index.
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18007.56776
Additionally, it will be a busy week of corporate earnings with reports from Tesla Tuesday as well as GM, Ford and Google parent Alphabet later in the week.
We’ll hear from 134 companies in the S&P 500, or more than one-quarter of the benchmark index, including seven members of the Dow.
2024 election update: Biden drops out, market responds | July 22, 2024 #election #update #Biden #drops #market #responds #July
Source Link: https://www.foxbusiness.com/live-news/stocks-in-focus-after-biden-drops-out-live-updates.amp
2024 election update: Biden drops out, market responds | July 22, 2024 – Notice Important Online – #Market – BLOGGER – Market, Biden, Drops, election, Important, July, Market, Notice, Online, responds, UPDATE
U.S. stocks chromatic crossways the board weekday mass Biden’s selection to modify discover of the 2024 vie for the White House. All threesome of the field mart averages ended the conference higher as the Nasdaq Composite qualified its prizewinning period since June with support from Nvidia. Reports surfaced that the AI chipmaker is employed on …
