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home / news releases / PARA - Wall Street Lunch: Tech Stocks Lead Rally Into Holiday


PARA - Wall Street Lunch: Tech Stocks Lead Rally Into Holiday

2024-07-03 15:31:00 ET

Summary

  • Nasdaq and S&P 500 hit new highs with help from Nvidia and Tesla.
  • FOMC minutes show members looking for more data before policy change.
  • Jeff Bezos sells $4.93 billion worth of Amazon shares, taking in $7 billion year to date.

Listen below or on the go on Apple Podcasts and Spotify

The Nasdaq and S&P gained led by big names in shortened session. (0:17) FOMC minutes show Fed members wanting more data before rate move. (3:48) Jeff Bezos sells $5 billion in Amazon stock . (5:04)

The following is an abridged transcript:

Welcome to a special pre-holiday edition on Wall Street Lunch.

The markets closed early ahead of the Fourth of July with a broader market rally led by growth stocks....

For further details see:

Wall Street Lunch: Tech Stocks Lead Rally Into Holiday
Stock Information

Company Name: Paramount Global
Stock Symbol: PARA
Market: NASDAQ
Website: paramount.com

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