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Tech Stocks Lead Market Rally as Nvidia Soars, GBP and Gold Struggle Amid Dollar Strength | Daily Market Analysis
Key events: USA - Crude Oil Inventories USA - 10-Year Note Auction USA - FOMC Meeting Minutes The stock market closed on a strong note, with tech stocks driving gains, notably led by Nvidia, as the third-quarter earnings season got underway. The Dow Jones Industrial Average climbed 126 points, or 0.3%, while the S&P 500 saw a rise of 1%, and the NASDAQ Composite surged by 1.4%.
US Stocks Fall Amid Sector Declines; Gold Holds Steady as Traders Eye Key Economic Data | Daily Market Analysis
Key events: USA - S&P Global US Manufacturing PMI (Jun) USA - ISM Manufacturing PMI (Jun) USA - ISM Manufacturing Prices (Jun) US stocks fell after Friday's close, with significant declines in the Consumer Goods, Utilities, and Consumer Services sectors dragging shares down. At the end of the trading session on the NYSE, the Dow Jones Industrial Average dropped by 0.12%, the S&P 500 index decreased by 0.41%, and the NASDAQ Composite index fell by 0.76%.
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