Tech companies like Broadcom, Adobe, and NVIDIA perform well, while import and export prices shrink

From Nasdaq: 2024-06-14 10:15:00

This week saw the release of important economic data, earnings reports from companies like Broadcom and Adobe, and the continued dominance of NVIDIA in the market. The tech-heavy Nasdaq continues to outperform other major indices, driven by the A.I. narrative. Import and Export Prices for May showed declines, indicating a shrinking inflation trend.

Investors are keeping a close eye on Consumer Sentiment data for June, expected to show an increase from the previous month. The happy American consumer could be a positive sign for the economy. Additionally, Zacks Investment Research has released a Special Report on 5 Dividend Stocks to include in your retirement strategy, offering insights and unconventional wisdom for investors.



Read more at Nasdaq: Imports, Exports Latest Econ Data to Shrink