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Asia Mixed, Europe Markets Advance While Crude Hits $80 Again - Global Markets Today While US Slept
On Tuesday, June 18th, the U.S. stock markets finished in green. The S&P 500 and Nasdaq reached record highs, driven by Nvidia’s surge, while the Dow edged up slightly amid subdued pre-holiday trading and weak U.S. retail sales data.
Nvidia (NASDAQ:NVDA) overtook Microsoft (NASDAQ:MSFT) to become the world’s most valuable company, with a market cap of $3.22 trillion.
According to economic data, the U.S. retail sales rose 0.1% in May, missing expectations of 0.2%, while industrial production increased by 0.9%, exceeding the forecast of 0.3%.
Most S&P 500 sectors closed higher, led by industrials, tech, and financials, while communication services and consumer discretionary stocks ...