Previous close | 5.70 |
Open | 5.86 |
Bid | 5.00 |
Ask | 8.10 |
Strike | 1,220.00 |
Expiry date | 2024-10-18 |
Day's range | 5.86 - 5.92 |
Contract range | N/A |
Volume | |
Open interest | 100 |
The Federal Reserve's decision to cut its benchmark interest rate by 50 basis points is giving chip stocks, including Nvidia (NVDA), Broadcom (AVGO), and AMD (AMD) a boost. In the video above, Morning Brief anchors Seana Smith and Brad Smith break down the action. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.
Investors are infatuated with the likes of Nvidia and Tesla. But Arista Networks, GE Aerospace and Spotify are among strong alternatives.