From CNBC: 2024-06-24 16:16:00

The Dow Jones Industrial Average closed higher Monday, rising 0.67%, while the S&P 500 and Nasdaq Composite fell 0.31% and 1.09%, respectively. The Dow is down 1% quarter-to-date, with Intel and Salesforce leading the losses. Bank of America predicts gold prices could reach $3,000 per ounce in the next 12-18 months if institutional demand increases. Affirm could rally 40% according to Goldman Sachs, and oil prices rose 1% amidst Israel-Lebanon tensions. The tech sector could experience a sell-off due to excessive CTA positioning, warning Bank of America. In S&P 500, 31 stocks hit new 52-week highs.



Read more at CNBC: Stock market news for June 24, 2024