Wall Street is coming off a strong May, with all three major averages notching their sixth positive month in seven. TheHowever, the rally seemed to lose steam near the end of the month. The three averages all closed May more than 1% below their record highs, even with the
"Investor expectations are high, particularly for growth and tech companies. So companies who are missing earnings or issuing lackluster forward guidance areThose growth stocks can also be affected by moves in interest rates, which will be a key focus for investors ahead of the Federal Reserve meeting later this month. The first week of June isThe new chip model is called"Rubin." Nvidia had announced its"Blackwell" chips in March.
Shares of Nvidia are up more than 120 year-to-date even as other deep-pocketed tech companies try to compete with the AI leader.Stock futures were largely unchanged shortly after 6 p.m. in New York, with the three major contracts within 0.2% of the flatline.S&P 500 enters June with growing concerns about the market's narrow leadership
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