Stock Market Update Friday June 14, 2024

Stock Market Update Friday June 14, 2024 The dominance of Big Tech stocks propelled the Nasdaq 100 higher by 0.5%, while the broader S&P 500 settled flat. Conversely, small-cap stocks were significantly pressured, with the Russell 2000 tumbling 1.6%, pushing the gauge to six-week lows.

Away From Stocks: Treasury's maintained their robust rally, with the long bond yield plummeting an additional six basis points to 4.34%, marking its lowest level since late March. Meanwhile, WTI crude oil prices held steady at $78 per barrel, gold prices surged to $2,331 per ounce, and Bitcoin dipped to $65,600. The VIX volatility index experienced a slight uptick to 12.5, gaining half a point during the session.