Markets Bounce Back; Cadence, Nucor Beat, NXP In-Line
Nucor(NUE) ZACKS·2024-07-23 07:05
Monday, July 22nd, 2024The sell-off we saw mid-last week appears to be addressed today. Even though major market indices are still below where they were, say, Thursday morning, the roughly -5% down-tick became a buying opportunity for a plurality of investors today. The Dow gained +127 points, +0.32%, while the S&P 500 gained +1.08%. The Nasdaq built back from a week ago, +280 points or +1.58%, while small-caps once again felt their oats: the Russell 2000 grew +1.72% to a session high as of the close.We we ...