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The Marked Chart Wire · Markets
Markets
The Nasdaq 100 index extended its advance to 3 percent while the S&P 500 rose 2.1 percent. The VIX volatility index fell 20 percent during the session.
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S&P 500
Morgan Stanley strategist Mike Wilson projects the S&P 500 could slide to 7,100-7,300 before finding support. He retains an 8,000 end-of-year goal but urges caution due to narrow market participation and AI spending worries.
Markets
The Cboe Volatility Index fell 4.16 points to 21.48.
Markets
The Nasdaq 100 index extended its advance to a 2 percent gain while the S&P 500 rose 1.5 percent on Monday.
HotNvidia
Nvidia stock fell 8.8 percent, marking its lowest level since March.
HotMarkets
Intuitive Machines joins NASA's CLPS 2 initiative to support lunar exploration efforts. The agreement includes a $10 billion spending cap across all contractors, which could reach $15 billion.
Markets
Citigroup strategists cut their outlook for US stocks and the global technology sector while raising their view on European equities, citing lower exposure to artificial intelligence market turbulence.
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