Stocks (^DJI, ^GSPC, ^IXIC) hit new all-time highs as the IPO market heats up. All the sectors are in the green except utilities (XLU). The energy (XLE) sector is most in the green. Keith Bliss of Cuttone and Company joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance Editor-in-Chief Andy Serwer and Dan Roberts. Open enrollment for the ACA begins today and Alexis talks to Jeanie Ahn about how to find the best deal for you. Yahoo Finance’s Justine Underhill also talks with Dilbert creator Scott Adams about the impact of Trump’s tweets.
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Business Insider•Nvidia Falls Below Key Level Of Support; Is Nvidia A Buy Now?
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
Investor's Business Daily•Trump media shares gain as it suggests 'potential market manipulation'
Trump Media & Technology Group wrote to Nasdaq CEO Adena Friedman alerting the exchange to "potential market manipulation" in the stock, it disclosed in a Friday filing with the Securities and Exchange Commission. Trump Media shares have been highly volatile and in recent days have hovered at nearly half their March 26 debut closing price of $57.99. In the letter, Trump Media CEO and former Congressman Devin Nunes suggested "naked" short-selling was to blame.
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