Jun. 24 at 3:57 PM
Midday Market Update 🗞️
• The S&P 500, Nasdaq, and Dow all moved higher as falling oil prices and lower Treasury yields improved overall market sentiment.
• Energy stocks declined alongside crude oil prices, while investors closely watched upcoming earnings from Micron after a sharp sell-off in semiconductor stocks earlier in the week.
• Despite recent weakness in tech, many analysts view the pullback as a healthy reset of expectations rather than a major trend change, while Alphabet gained after being selected to join the Dow Jones Industrial Average.
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