Market Rebounds and Investors Eye Economic Data: Stock Updates

1 min read
Source: Investor's Business Daily
Market Rebounds and Investors Eye Economic Data: Stock Updates
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average rose as 3M surged on legal news, while chip stocks like Nvidia rebounded. Cathie Wood, the CEO of ARK Invest, bought shares of Archer Aviation after the stock gained 124% following a breakout. Nvidia stock reversed earlier losses and traded higher, while other chip stocks also saw gains. Jabil, NOV, and Hubbell are three stocks to watch as they approach potential buy points. The Nasdaq outperformed other major indexes, with small caps and growth stocks having a solid session.

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