Stocks finish strong, Trump Media & Technology struggles, Nasdaq and Warren Buffett stocks positive.
From Investor’s Business Daily.: 2024-08-19 16:16:51
The Dow Jones Industrial Average and other indexes finished strong Monday as stocks gained momentum heading into the close. Trump Media & Technology (DJT) faced challenges while Nvidia (NVDA) and Apple (AAPL) were highlighted by Wall Street. Meanwhile, Warren Buffett stocks, including American Express (AXP), neared buy points. The Nasdaq composite rallied amidst its eighth-straight gain, with Moderna (MRNA) and Palo Alto Networks (PANW) showing strong performance. S&P 500 sectors were positive, with small caps shining and growth stocks outperforming. Donald Trump Stock faced challenges, while Bill Ackman’s stock entered a buy zone. General Motors rallied amid layoffs. U.S. leading indicators fell, but Bank of New York Mellon (BK) tested a buy point. Warren Buffett stocks, including American Express (AXP), DaVita (DVA), and Lennar (LEN) neared buy points. AMD stock gained amid a $4.9 billion deal.
Read more at Investor’s Business Daily.: Stock Market Today: Dow Jones Up As U.S. Leading Indicators Fall; Donald Trump Stock Takes A Dive (Live Coverage)
