Markets mostly up, Amazon hits $2 trillion market cap, Micron and Levi's stocks fall

From Nasdaq: 2024-06-26 17:32:00

The markets closed mostly up, with Nasdaq and S&P 500 reaching record highs thanks to Amazon’s $2 trillion market cap. Dow barely positive, while Russell 2000 fell. New Home Sales for May were a miss at 619K homes sold; however, April was revised up to 698K. Micron and Levi Strauss reported strong earnings but saw stock dips. Tomorrow, expect Q1 GDP revision and Durable Goods Orders for May. Biden or Trump? Zacks report offers 5 stock picks to capitalize on election year market trends. Stocks include a medical manufacturer, rental company, energy powerhouse, aerospace and defense standout, and chipmaker.



Read more at Nasdaq: Micron, Levi’s Trade Down After Market on Earnings