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US stocks closed lower on the last day of June with all three major indexes down. The AI-driven Nasdaq rose 18% in the first half of the year, while Nvidia soared 149%.
After hitting a new high, the S&P and Dow fell together, possibly due to Goldman Sachs and JPMorgan bearish on US stocks. Amazon, Google, and Microsoft fell from their recent highs, while most chip stocks rose. However, Nvidia rose 3% before falling 0.4% as the AI hype drove the Nasdaq up 18% and the S&P up 14.5% in the first half of the year.
Ranking list of Chinese-funded enterprise IPO in the first half of 2024.
In the first half of 2024, Chinese-funded enterprises completed a total of 94 IPO listings on the global market, a decrease of 136 from the same period in 2023, and a decrease of 100 from the second half of 2023.
Market Chatter: ZEEKR Intelligent Technology Sees Surge in Russian Sales as Chinese Brands Become Dominant in Country's EV Market
ZEEKR Intelligent Technology (ZK) has seen a surge in sales in Russia over the past year, despite lacking official representation in the country, with over 8,000 cars sold since June last year, Reuter
Global Equities Roundup: Market Talk
The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day. 0659 GMT - Zeekr Intelligent Technology's new model will likely drive strong monthly sales,
Zeekr's New Model Set to Drive Strong Monthly Sales -- Market Talk
0659 GMT - Zeekr Intelligent Technology's new model will likely drive strong monthly sales, Citi analysts write in a note. The Chinese automaker will follow the launch of the Zeekr 009 with two other
Express News | NYSE China's manager Ge Chenhao: The U.S. IPO market is recovering, with Chinese concept stocks raising over 2 billion USD in capital markets since 2024. The Chinese concept market continues to break the ice.