From Barchart: 2024-06-21 16:26:02

Nvidia’s profit-taking leads to a red close for tech stocks and the Nasdaq, while the Dow squeezes out a win. S&P 500 finishes lower but all three indexes secure a weekly win amidst market volatility.

In other news, Shein’s IPO is off the table, Chinese automakers dominate Southeast Asia’s electric car market, and firearms stocks face downgrade pressure after earnings.

Oil prices dip as gold prices are weighed down by a rising U.S. dollar. Despite fluctuations, both oil and gold manage to secure weekly wins.



Read more at Barchart: Stocks Stumble Friday Despite Weekly Wins