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Stock Market Monday: NVDA Strength & X Rejects Offer From CLF
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The Dow Jones, Nasdaq-100, and S&P 500 ended higher, while the Russell 2000 fell. Six of the eleven S&P 500 sectors ended higher. Nvidia (NVDA) shares closed higher after Morgan Stanley named it as a top pick. U.S. Steel (X) rejected an offer from Cleveland-Cliffs (CLF) to acquire the company. AMC hit a 52-week low after a court approves a stock conversion plan that analysts say will likely allow the company to pay down all of its debt, contingent upon its stock price. Tune in to find out more about what to watch tomorrow and the stock market today.