From Nasdaq: 2024-06-05 16:30:41

Stocks rallied today with the Nasdaq and S&P 500 hitting fresh record highs. Despite a weak labor market report, the Dow also secured a modest win. Analysts showed interest in Hewlett Packard and three cyber stocks. The Association of Professional Flight Attendants extended their strike with American Airlines, while Supermac’s won the right to use McDonald’s ‘Big Mac’ phrasing. Crude futures bounced back after six sessions, while gold futures climbed higher. OPEC+ received a bull signal before their meeting, and Crowdstrike stock rose after earnings. Analysts believe the Instacart selloff is overdone.



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