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Uncertainty on the New York Stock Exchanges – Tech Stocks Hold Back the Rise
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Trading on Wall Street was mixed on the first day of the trading week. Technology stocks traded lower, but Meta, which has launched a new AI model, went against the grain. When the New York Stock Exchange closed, the Dow Jones Industrial Average was up 0.4 percent, the broad S&P 500 had moved sideways and the tech-heavy Nasdaq Composite Index had fallen just under 0.4 percent. Chipmaker Micron Technology fell 3.9 percent, Nvidia fell 1.3 percent…
Big tech stocks like Nvidia and Cisco are holding back the stock market rally for key indexes, while Meta is soaring after AI launch.
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