Market Volatility: Dow Jones Plunges on Strong Jobs Data
TL;DR Summary
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, edged lower as the June jobs report looms large. Meta Platforms (META) held up well as its Threads app grabbed 30 million sign-ups in less than a day for the Twitter rival, while Microsoft (MSFT) rallied amid a price target hike. Visa (V), Mastercard (MA), DexCom (DXCM), Nvidia (NVDA), and HubSpot (HUBS) are among the stocks holding up in the stock market rally. The FDA approved Biogen's Alzheimer's treatment Leqembi, boosting Biogen's chances of getting Medicare reimbursement for the drug.
Topics:business#dow-jones-futures#jobs-report#meta-platforms#microsoft#stock-market#stock-market-rally
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