2 minutes ago
Nvidia shares fall in premarket
Nvidia shares fell more than 2% in premarket trading, putting the AI darling on track to start the second half of the year on a sour note. The chipmaker soared about 150% in the first six months of 2024 as investors bet that artificial intelligence would contribute to bigger profits.
47 minutes ago
European stock markets are progressing, with France in the spotlight
European stocks were higher on Monday morning, with the regional Stoxx 600 index rebounding from four straight losses to trade 0.45% higher.
France’s CAC 40 index led gains, adding 1.4% by 10 a.m. London time, as investors assessed results from the first parliamentary round that suggested no party could end up with an absolute majority. Markets were shaken by the far-right and left coalition’s proposals.
Britain’s FTSE 100 and Germany’s DAX were both up around 0.4%.
— Jenni Reid
11 hours ago
Where are the main averages at the start of the second half of the year
Here are all the main averages before the second half:
Dow Jones Industrial Average:
- Gained 1.1% in June for its seventh positive month in eight
- Fell 1.7% for its first negative quarter in three
- Up 3.8% over the year
S&P 500:
- Addition of 3.5% in June for a seventh positive month out of eight
- Gained 3.9% for a sixth positive quarter in seven
- Up 14.5% in 2024
Nasdaq Composite Index:
- Jumped 6% in June for seventh positive month in eight
- The company grew 8.3% in the quarter for its third consecutive positive quarter, the first time since a five-quarter streak that ended in the second quarter of 2021.
- Up 18.1% this year
— Samantha Subin, Chris Hayes
11 hours ago