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Dow closes at a one-month high as investors broaden portfolios

US STOCKS-Dow closes at a one-month high as investors broaden portfolios Fed's preferred inflation PCE data due on Friday Nvidia on track for third straight declining session Oil companies advance on expectations of higher demand Indexes: Dow up 0.66%; S&P down 0.31%; Nasdaq down 1.09% Updates to 4:10pm By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl June 24 (Reuters) - The Dow rallied on Monday to a one-month high, while the Nasdaq tumbled over 1% as investors rotated out of AI-link
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Dow closes at a one-month high as investors broaden portfolios

US STOCKS-Dow closes at a one-month high as investors broaden portfolios Fed's preferred inflation PCE data due on Friday Nvidia on track for third straight declining session Oil companies advance on expectations of higher demand Updates to 4:00pm ET By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl June 24 (Reuters) - Stocks in a variety of sectors rallied on Monday and the blue-chip Dow Jones Industrial Average ended at a one-month high as investors rotated out of AI-linked stocks an
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Broadcom dips in AI selloff; BofA raises PT

BUZZ-Broadcom dips in AI selloff; BofA raises PT ** Shares of Broadcom Inc AVGO.O down 2.5%, dipping along with other AI-related names and failing to get a lift from an increased PT from BofA Global Research ** In a client note, BofA analysts raise AVGO PT to $2,150 from $2,000, vs current price of $1,612 ** BofA analysts view AVGO as transforming to a growth stock from a value stock, lifted by AI and the co's recent VMware acquisition ** "AVGO's diverse growth drivers, highly regarded managemen
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Dow jumps amid broader market rally in countdown to inflation data

US STOCKS-Dow jumps amid broader market rally in countdown to inflation data Fed's preferred inflation PCE data due on Friday Nvidia on track for third straight declining session Indexes: Dow up 0.58%, S&P down 0.13%, Nasdaq down 0.83% Updated at 2:03pm ET/1703 GMT By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl June 24 (Reuters) - A broad stock market rally pushed the blue-chip Dow to a one-month high on Monday, as investors rotated out of AI-linked stocks and added some laggards to
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Dow jumps amid broader market rally in countdown to inflation data

US STOCKS-Dow jumps amid broader market rally in countdown to inflation data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Fed's preferred inflation PCE data due on Friday Nvidia on track for third straight declining session Meta gains after report of AI partnership talks with Apple Indexes: Dow up 0.88%, S&P up 0.29%, Nasdaq down 0.26% Updated at 11:53 a.m.
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