From CNBC: 2024-06-23 21:00:00

Dow Jones closes strong, S&P 500 reaches record high, Nasdaq remains flat, and Dow has best week since May. U.S. banking regulators find deficiencies in the “living wills” of major banks, issues with unwinding derivatives portfolios. Tesla undergoes more than 14% workforce reduction in 2024, citing inefficiency. Apple delays three new features in the EU due to regulatory concerns. Sarepta Therapeutics shares surge 30% after FDA approves gene therapy for wider range of Duchenne muscular dystrophy patients. Nvidia’s market journey sees rapid growth and decline with experts still bullish on company’s unique market position.



Read more at CNBC: Dow posts best week since May, Tesla cuts 14% of staff