An early rally faded fast for the second day in a row, which caused all four indices to sell off. A plunge in market leadership was responsible for the fade, most notably in Nvidia (NVDA). Tesla (TSLA) lost a lot of momentum due to a downgrade to neutral from buy, as did Apple (AAPL) when it got downgraded to sell from neutral. Caroline Woods closes the market day by running through the biggest stories.
07 Jan 2025
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