This week was a big test for tech stocks and there was palpable anxiety in the lead-up to Nvidia earnings. But AI passed the test, leading to a huge rally last week. Those gains continued early today but profit taking soon crept in and markets finished about flat.
On the day:
- S&P 500 flat
- Nasdaq Comp -0.3%
- DJIA +0.3%
- Russell 2000 +0.1%
- Toronto TSX Comp +0.5%
On the week:
- S&P 500 +1.7%
- Nasdaq Comp +1.4%
- DJIA 1.3%
- Russell 2000 -0.8%
- Toronto TSX Comp +0.8%
This article was written by Adam Button at www.forexlive.com.
