Stock Market Update
21-Jun-24 11:00 ET
NVDA weighs on market; AAPL, MSFT provide some offsetting support
Dow +54.72
at 39189.48,
Nasdaq +7.36
at 17728.95,
S&P -0.81
at 5472.36
[BRIEFING.COM] The market is little changed at the index level over the last half hour.
Losses in the semiconductor space have acted as a limiting factor for the broader market so far. The PHLX Semiconductor Index (SOX) is down 0.9% with many components trading lower. NVIDIA (NVDA 127.01, -3.68, -2.8%) is among the influential laggard in the SOX.
The price action in NVDA has contributed to the S&P 500 information technology sector's performance (-0.4%). Apple (AAPL 211.05, +1.35, +0.7%) and Microsoft (MSFT 447.67, +1.97, +0.5%) are each trading higher, providing some offsetting support to the info tech sector.
