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By Staff Reporters
Elon Musk underlined the astounding scale of Microsoft and Nvidia’s combined market-value surge on Tuesday with a two-word tweet: “Crazy times.” While Musk didn’t spell out whether he views Microsoft or Nvidia as overvalued, his strong reaction could be a red flag for stock market investors.
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Here is where the major benchmarks ended yesterday:
- The S&P 500 Index was up 10.74 points (0.2%) at 4,565.72; the Dow Jones industrial average was up 109.28 points (0.3%) at 35,061.21; the NASDAQ Composite was up 4.38 points at 14,358.02.
- The 10-year Treasury note yield (TNX) was down about 4 basis points at 3.744%.
- CBOE’s Volatility Index (VIX) was up 0.44 at 13.74.
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Filed under: "Ask-an-Advisor", Alerts Sign-Up, Investing | Tagged: CBOE, DJIA, DOW, elon, investors, MSFT, musk, NASDAQ, Nvidia, S&P 500, stock market, VIX |
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