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Consumer Cos Climb Amid Earnings, GameStop Rally - Consumer Roundup

Consumer companies rose amid generally strong earnings. Lululemon shares rose after the purveyor of fashionable yogawear posted fiscal first-quarter earnings ahead of Wall Street expectations. . -June 06, 2024 at 05:34 pm EDT - MarketScreener

Tech Declines as AI Frenzy Cools - Tech Roundup

Shares of technology companies ticked down as the articial-intelligence buying frenzy cooled somewhat. Shares of Nvidia fell from record highs, but remained a staggering 150% higher for the. -June 06, 2024 at 05:37 pm EDT - MarketScreener

Materials Gain After ECB Move - Materials Roundup

Producers of metals and other raw materials rose after the European Central Bank cut interest rates. In a widely telegraphed move, the ECB cut rates by one quarter of a percentage point to.

Utilities Down as Traders Unwind AI Bets in Sector - Utilities Roundup

Shares of power producers fell sharply as traders unwound bets that utilities would benefit from the artificial-intelligence boom. Shares of TXU Energy owner Vistra Energy and Constellation.

Health Care Climbs on Defensive Bias - Health Care Roundup

Health-care companies rose as traders rotated into the defensive sector, unsure what the future holds for interest rates. Gene-technology firm Illumina surged, logging one of its largest gains. -June 06, 2024 at 05:33 pm EDT - MarketScreener

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