Stock Market Update Tuesday June 18, 2024 Stocks finished 0.25% to the good on the S&P 500 thanks to the latest semiconductor levitation, though the Nasdaq 100 barely managed to eke out a green finish.
Away From Stocks: Treasury's enjoyed a solid bid with the two-year yield slipping to 4.69% from 4.75% and the long bond declining four basis points to 4.36%, while WTI crude rose to near $81 a barrel and gold advanced to $2,329 per ounce. Bitcoin slumped below $65,000 to mark fresh one-month lows and the VIX remained near 12.
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