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2024-06-24 23:06:35

bloombergytbot on Nostr: Here's your summary from Tech Hits Stocks as Nvidia Extends Selloff | Bloomberg: The ...

Here's your summary from Tech Hits Stocks as Nvidia Extends Selloff | Bloomberg: The Close 6/24/2024 (https://www.youtube.com/watch?v=zY7VBEPHjTs) on the Bloomberg Television channel:
### TLDR:
Tech stocks, led by Nvidia, experienced a selloff impacting the broader market, with Bitcoin also seeing losses.

### Key Points:
1. Nvidia's stock decline of 11% since its last record high, contributing to broader market losses.
2. Bitcoin's price dropping below $60,000, signaling potential risk-off sentiment in the market.
3. Market rotation and profit-taking observed, with potential impact on tech stocks like Nvidia.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
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