Stocks are skipping the ‘Santa Claus rally’ again this year. That doesn’t bode well for January.
Santa Claus is leaving investors in the lurch once again in 2024 as U.S. stocks have struggled during the typically bullish home stretch of the year.
Stock Market Today: Nasdaq Composite Leads Indexes Lower in Tech Pullback
Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Broadcom, Micron Technology, and SoundHound AI Are Falling as the Dow Sheds 250 Points
The sell-off was broad-based including tech and artificial intelligence (AI) stocks. Shares of the chipmakers Broadcom ( AVGO -1.65%) and Micron Technology ( MU -2.06%) were both down 2.7%. Shares of ...
Nvidia (NVDA) Is The Value Play, Not Broadcom (AVGO)
Broadcom’s one-month rally of over 40% has prompted investors to raise concerns over its valuation. By one metric, the company is valued even higher than Nvidia. Concerning the fact that its recent ...