From CNBC: 2024-06-21 16:23:00

with the Nasdaq Composite which fell 0.18%. The Dow Jones Industrial Average edged up 0.04%. For the week, the S&P 500 advanced 0.6%, the Nasdaq remained flat, and the Dow rose 1.45%, garnering its best weekly performance since May. Energy sector led weekly gains, while a major gold ETF declined heading for a losing week. Nvidia poised to end an eight-week winning streak. Citigroup’s “resolution” plan falls short with regulators. Bitcoin weakness could signal an S&P 500 correction.————–
14 stocks in the S&P 500 hit new 52-week highs, with 10 reaching all-time highs. Among the all-time high achievers are Colgate-Palmolive, Walmart Stores, Aflac Inc., and Regeneron Pharma. Nvidia formed a bearish engulfing chart pattern, indicating potential waning upward momentum. Existing home sales prices hit a new record in May. Services PMI reading reaches its highest level in over two years. Stocks making moves midday include Sarepta Therapeutics, Hertz Global, and Asana.————–



Read more at CNBC: Stock market news for June 21, 2024