Stock Market Shifts: Tech Dip, Healthcare Gain

On November 11th, investors shifted from tech stocks to traditional companies, causing the Nasdaq to dip and the Dow to rise. This sector rotation was sparked by negative AI sector news, including CoreWeaves disappointing outlook and Nvidias stock drop after SoftBank sold its stake. Healthcare giants like Merck, Amgen, and Johnson & Johnson saw significant buying activity, with Lantheus, Enovis, Evolent Health, Repligen, and Corcept experiencing notable stock increases.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.