Nvidia ($NVDA) is now worth more than the entire stock marke | CrypticNews Hub on Binance Square

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Nvidia ($NVDA) is now worth more than the entire stock markets of the United Kingdom, France, and Germany combined.

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U.S. stock futures declined on Tuesday after the major averages began the second half of 2024 on a positive note, with tech stocks leading the market's rise. In Monday's regular trading, the Dow rose by 0.13%, the S&P 500 by 0.27%, and the Nasdaq Composite by 0.83%. Technology, consumer, and financial stocks outperformed the market, while materials, industrial, and real estate stocks lagged. Mega-cap stocks showed strong growth, with Tesla up 6.1%, Apple up 2.9%, Amazon up 2%, Microsoft up 2.2%, and Broadcom up 2.2%. In terms of data, the ISM manufacturing PMI indicated an accelerated contraction in the manufacturing sector, with demand and employment declining and price pressures easing. Traders are also anticipating several other key indicators this week to assess economic performance and monetary policy outlook, including the employment report, JOLTS, the ISM services PMI, and the latest FOMC meeting minutes.

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Amazon Joins the Club of Companies with a Market Capitalization of $2 Trillion On June 26, 2024, Amazon entered the elite club with a market capitalization of $2 trillion for the first time. This achievement solidified its position as the fifth most valuable company both in the US and globally.

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