Nasdaq Reverses Lower After Strong Start; NVO, CROX, RYAN In Focus
Breadth was negative even when the Nasdaq held a solid gain.
May 23, 202415m 51s
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Show Notes
The 10-year Treasury rose above some key levels after the flash Composite Purchasing Manager’s Index (PMI) came in stronger than expected. Nvidia faded off highs after the Nasdaq composite pared an intraday gain of nearly 1.2% to a loss of 0.4% by the close. Novo Nordisk, Crocs and Ryan Specialty are still holding near highs.
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