Stocks Fade After Strong Start; ARES, DUOL, NBIX In Focus
Breadth was more than 2-to-1 positive on the NYSE.
March 21, 202410m 31s
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Show Notes
The Nasdaq composite rallied 1%, but early gains faded, hurt by a 4% drop for Apple. Small caps outperformed for the second straight session. Reddit had a strong debut after pricing at 34. Financial stocks also outperformed and several gave buy signals, including Ares Management. Duolingo limped past a 241.86 entry, while an early breakout faded for Neurocrine Biosciences.
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