Wall Street Set For Weak Opening As Tech Rally Falters With Micron, Nvidia Edging Lower: Analyst Says Narrow Market Performance To Persists Unless One Of These Materializes
MUMicron Technology(MU) Benzinga·2024-06-27 19:31

Loading... Loading... The two-day rally the broader market witnessed could stall, as traders choose to remain cautious ahead of a string of economic catalysts. The negative reaction to Micron Technology, Inc.‘s MU earnings could generate weakness in the tech space. AI stalwart Nvidia Corp.’s NVDA two-day rally is cooling off following its annual shareholder meeting. Bond yields have ticked up, with the 10-year-old Treasury yield holding above the 4.3% mark. Traders may bide their time amid the fluid situati ...