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June 24 - The Nasdaq opened lower on Monday after Nvidia and some other chip stocks remained under selling pressure, with investors on tenterhooks as a key inflation print this week is set to further shape bets over the timing and quantum of rate cuts this year.
The Dow Jones Industrial Average , opens new tab rose 34.16 points, or 0.09%, at the open to 39,184.49. The S&P 500 , opens new tab opened lower by 5.04 points, or 0.09%, at 5,459.58, while the Nasdaq Composite , opens new tab dropped 49.10 points, or 0.28%, to 17,640.26 at the opening bell.The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc.
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