24.06.2024 20:02:25 - dpa-AFX: U.S. Stocks Turning In Mixed Performance

WASHINGTON (dpa-AFX) - U.S. stocks are turning in a mixed performance on
Monday, as investors look ahead to some crucial economic data, and comments from
Fed officials for clues about the central bank's monetary policy outlook.

Investors are also looking ahead to the presidential debate between Joe Biden
and Donald Trump this week.

The Dow is up in positive territory at 39,403.58, gaining 253.25 points or 0.65
percent. With technology stocks exhibiting some weakness, weighed down by
Nvidia, the Nasdaq is down 126.67 points or 0.72 percent at 17,562.69. The S&P
500 is down 3.37 points or 0.06 percent at 5,461.25.

Traders are largely reluctant to make significant moves ahead of the release of
some key U.S. economic data later in the week.

On Friday, the Commerce Department's report on personal income and spending in
the month of May, which includes readings on inflation said to be preferred by
the Federal Reserve.

The report, which is expected to show a modest slowdown by the annual rate of
consumer price growth, could have a significant impact on the outlook for
interest rates.

Reports on new home sales, consumer confidence, durable goods orders and pending
home sales may also attract attention in the coming days.

Nvidia is down more than 5 percent. Amazon, Broadcom, Oracle Corporation, Home
Depot, Netflix, Adobe, Qualcomm, Intel and Dell are all down notably lower.

Apple Inc, Berkshire Hathway, Eli Lilly, JP Morgan Chase, Visa,Walmart, Exxon
Mobil, UbitedHealth Group, Meck, Bank of America, Chevron, Coca-Cola, Wells
Fargo, Verizon, Amgen, Caterpillar, Pfizer, Morgan Stanley, Honeywell Automation
and Goldman Sachs are up with sharp to moderate gains.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Dow Jones Industrial Average ( 969420 DOW JONES Indizes 39.006,95 28.06.24 21:08:01 -157,11 -0,40% 39.002,19 39.012,96 39.107,10 39.164,06
NASDAQ COMP. 969427 NASDAQ Indizes 17.815,59 28.06.24 21:03:38 -43,10 -0,24% - - 17.891,09 17.858,68

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