Economy

Tansy_Gold

(18,041 posts) Thu Jun 6, 2024, 12:05 AM Jun 2024

STOCK MARKET WATCH: Thursday, 6 June 2024

STOCK MARKET WATCH: Thursday, 6 June 2024

Previous SMW:
SMW for 5 June 2024

AT THE CLOSING BELL ON 5 June 2024

Dow Jones 38,807.33 +96.04 (0.25%)
S&P 500 5,354.03 +62.69 (1.18%)
Nasdaq 17,187.90 +330.86 (1.96%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

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Currencies:

(Awaiting new links)

Gold & Silver:

(Awaiting new links)

Petroleum:

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

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Quote for the Day:

To quell the people and their illogical passions, Madison posited the House of Representatives, a body elected by the people that presented the illusion of representation while placing it safely within the confines of a system designed to undermine its power.

Jared Yates Sexton. American Rule: How a Nation Conquered the World but Failed Its People. Penguin Publishing Group. © 2020.

This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

3 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH: Thursday, 6 June 2024 (Original Post) Tansy_Gold Jun 2024 OP

Did you miss the boat? bucolic_frolic Jun 2024 #1

No boat involved, but . . . Tansy_Gold Jun 2024 #2

Here are SCHG's top holdings (NVDA is 11.55% of SCHG) progree Jun 2024 #3

bucolic_frolic

(46,561 posts)

1. Did you miss the boat?

Reply to Tansy_Gold (Original post)

Thu Jun 6, 2024, 06:04 AM

Jun 2024

As further evidence of the impact of AI, witness NVDA and Schwab U.S. Large-Cap Growth ETF, symbol SCHG.

Since May 1, NVDA is up from $833 to $1224 while SCHG, an ETF, is up about 9% from $88.80 to about $97. Surely SCHG holds a lot of NVDA.

How long can this continue?

Tansy_Gold

(18,041 posts)

2. No boat involved, but . . .

Reply to bucolic_frolic (Reply #1)

Thu Jun 6, 2024, 10:42 AM

Jun 2024

. . . my flight was delayed almost two hours.

progree

(11,463 posts)

3. Here are SCHG's top holdings (NVDA is 11.55% of SCHG)

Reply to bucolic_frolic (Reply #1)

Thu Jun 6, 2024, 03:49 PM

Jun 2024

Last edited Thu Jun 6, 2024, 06:34 PM - Edit history (1)

Here are SCHG's top holdings, as of market opening 6/6/24
https://www.schwabassetmanagement.com/products/schg

Symbol Name Percent of Assets (%) Market Value
MSFT MICROSOFT CORP 12.04% $3.5B
NVDA NVIDIA CORP 11.55% $3.4B
AAPL APPLE INC 10.86% $3.2B
AMZN AMAZON COM INC 6.33% $1.8B
META META PLATFORMS INC CLASS A 4.17% $1.2B
GOOGL ALPHABET INC CLASS A 3.94% $1.1B
GOOG ALPHABET INC CLASS C 3.33% $969.1M
LLY ELI LILLY 2.54% $738.0M
AVGO BROADCOM INC 2.38% $692.2M
TSLA TESLA INC 1.85% $539.6M

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