Nasdaq Falls Hard As Chip Stocks Weaken; NVDA, LLY, THC In Focus | Stock Market Today

Chip stocks fell hard on reports the Biden administration is considering tougher export curbs to limit China’s access to advanced chip technology. But breadth wasn’t too bad, with losers beating winners on both exchanges by less than 2 to 1. Consumer staple stocks outperformed, along with energy, health care, financial and real estate stocks. Sellers knocked Nvidia and Eli Lilly lower, but Tenet Healthcare is trading tightly near its 10-week moving average.
Stock Market Today: July 17, 2024
Hosts: Ali Coram & Ken Shreve
Get more IBD by subscribing to our channel: bit.ly/3OqppAs
Visit our website: www.investors.com
Like us on Facebook: / investorsbusinessdaily
Follow us on Twitter: / ibdinvestors
Follow us on Instagram: / investorsbusinessdaily
Follow us on StockTwits: stocktwits.com...
Follow us on LinkedIn: / investors-business-daily
Follow us on TikTok: / ibdinvestors
Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
#StockMarketToday #InvestorsBusinessDaily #IBD
© 2024 Investor’s Business Daily, LLC. All Rights Reserved. This information is provided “as is” for educational and informational purposes only and is not intended to serve as investment advice or for trading purposes. This information is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been authored from sources believed to be reliable, but no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Presenters may own the stocks or other investment vehicles they discuss. You should not treat any opinion expressed as an inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. The information and content are subject to change without notice. Past performance is not indicative of future results. This material does not take into account your particular investment objectives, financial situation, or needs, and is not intended as recommendations appropriate for any individual circumstances. You must make an independent decision regarding any investment suggestions covered by the material. Before acting on any investment suggestions from the material, you should consider whether it is suitable for your particular circumstances and consider seeking advice from your own adviser. Investor’s Business Daily makes no representations or warranties, and expressly disclaims any responsibility or liability, with respect to any errors or omissions in, or the accuracy, reliability, timeliness or completeness of, any information that appears in the videos, including in closed caption, which such closed caption is being provided solely for the convenience of our viewers and should not be relied upon as an accurate or complete record of the program.

[@AnthonyCurran-gf9zh]

Your strategy really works! I tried it and earned a decent amount.

[@davekline9897]

It's always a honor to have you here as a mentor, learn a lot watching your videos and it has encourage me expecially in decisions making,Investing in the financial market that currently changed my life

[@user-my5qw3mx1u]

I always find something new and useful in your videos. Thank you very much for your time and effort!🐩

[@Yetified_Mayhem]

Well that rotation wasn't obvious and predictable.. Watch out for the big timeframe divergences that will likely play out by year end..

[@jirie5246]

thank you for your insight always

[@johnouellet4099]

Not a lot of confidence in the market right now

[@stephenhaynes603]

mmmmmm ...... i have a feeling tech will be back shortly. always does.

[@Eddemnity]

Thanks ❤

[@Marc-A.]

Thank you :)

[@bolicer5746]

Save America, vote for TRUMP 🇺🇸

[@All4mula]

Profit$ or nah