These 10 stocks usually rise when Nvidia shares fall

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 61%
  • Publisher: 72%

NVIDIA Corp 뉴스

Xcel Energy Inc,Coca-Cola Co,Keurig Dr Pepper Inc

While Nvidia tanked by nearly 12% last month, stocks identified by CNBC Pro rose by 9%.

Several stocks in the S & P 500 often rise whenever Nvidia shares fall, according to a

Pro screened for stocks in the S & P 500 that were inversely correlated to Nvidia's over July, a month in which the chip maker's stock declined by 11.6%. In contrast, the stocks identified by line A combination of disappointing tech earnings and impending interest rate cuts has weakened some of the bullish sentiment toward technology and semiconductor stocks . Instead, investors have recently been rotating into smaller-cap names, sending the Russell 2000 index 10.9% higher in July. By comparison, the S & P 500 notched a 1.1% gain, while the tech-heavy Nasdaq Composite eased 0.8%.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인