From Nasdaq: 2024-06-13 12:46:27

Stock indexes are mixed today, with the Nasdaq 100 hitting a new high. May producer prices eased, fueling expectations of a Fed rate cut. Broadcom and Tesla see gains. Weekly jobless claims hit a 10-month high. Overseas markets are down. T-notes rally on dovish reports. Interest rates fall. ECB rate cut unlikely. Stocks like Nvidia, MediaTek, and Ulta Beauty see gains, while companies like General Electric and Dave & Buster’s Entertainment fall. Earnings reports include Adobe Inc and RH. For more stock market news, visit Barchart.



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