hereThe Dow is staying pretty steadily in the red throughout the session, down about 100 and 20 points, or a third of 1%.And remember, of course we are going into tomorrow morning CP I report the Consumer Price index and then the Federal Reserve going to be holding its press conference in the afternoon, not expecting any change to rates, but we'll get a new dot and of course, any commentary that Jay Powell has on inflation and on rates.
Uh, we can take a look inside the tech sector at unprofitable tech just to show you how the how the bifurcation is going.See, a little bit of red there. Another major Tesla investor is publicly opposing Elon Musk's $56 billion pay package days before investors vote on the enormous figure.Nvidia was falling on Monday after its stock split, although two Wall Street analysts believe the chip maker’s valuation will keep climbing. Nvidia’s 10-for-1 stock split took effect after Friday’s closing bell.
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Stock market today: S&P 500, Nasdaq hit record highs as Nvidia leads tech rallyBets on Fed rate cuts are tentatively rising as investors weigh signs of a softer labor market and cooling economy.
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