US Stock Market Sees Record Closes Amid Early Tech Sector Volatility

Thursday, 21 March 2024, 20:07

The US stock market witnessed record-high closing numbers despite early enthusiasm giving way to tech sector pullbacks. While Apple faced an antitrust lawsuit from the DOJ and saw a 4.1% dip, the overall market remained resilient, with the S&P 500, Nasdaq, Russell 2000, and DJIA all posting positive gains. LULU shares also experienced a 4% decline in after-hours trading on weak guidance, showcasing the market's mixed performance amid sector-specific challenges.
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US Stock Market Sees Record Closes Amid Early Tech Sector Volatility

US Stock Market Sees Record Closes

Closing changes: S&P 500 +0.3%, Nasdaq +0.2%, Russell 2000 +1.2%, DJIA +0.7%. Stocks were flying high at the open but Apple was sued by the DOJ for anti-trust and fell 4.1%. That set off some profit-taking in tech but the bulls can hardly complain about a record close. Shares of LULU are down 4% after hours on weak guidance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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