Tech records, oil, Nvidia's future: Market Takeaways

Tech sector funds have seen record inflows this week, according to Bank of America's Investment Strategy and EPFR, while crude oil prices shares were bogged down in Friday's session following a sell-off on Thursday. What is in the chip giant's future, and can its stock price manage to bounce back?Finances Jar is here with more of his trading day takeaways, and we start with record Tech close, which is so interesting to me because you wouldn't not by the price action this week.

Multi decade highs and you can see this high kind of in line with this high kind of in line with this high takes a while to put these 16 year patterns in play.Here's WT I Crude futures energy can be very range bound because the stock price a lot of those gains are returned to the shareholder in the form of dividends and also buy backs.Well, not good news for drivers, perhaps potentially this summer, but we'll see about that.

On today's episode of Morning Brief, hosts Brad Smith and Madison Mills analyze the market open and break down the biggest stories of the trading week. The major indexes opened mixed in Friday's session, with the Dow Jones Industrial Average leading gains early in the trading day. Nvidia's reign as the US's most valuable publicly traded company was brief. The semiconductor giant shed $118 billion in market capitalization, allowing Microsoft to reclaim the top spot.

This month’s collection of our five favourite stocks leans hard on the energy sector. The post Just Released: 5 Top Stocks to Buy in June 2024 appeared first on The Motley Fool Canada.

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