Afternoon Note
Monday’s Reflection
By Charles Payne, CEO & Principal Analyst
6/25/2024 1:27 PM
If you could put a mirror against yesterday's session you would get what's happening in the market today.
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It's Nvidia (NVDA) and the fear of missing out (FOMO) crowd.
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The Russell 2000 continues to plunge, but crude and gold are also beating a hasty retreat.
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Consumer Confidence
Consumer confidence came in at 100.4, down from May’s reading of 101.3. This change was centered within the 35-54 demographic. Those under 35 or older than 55 saw their confidence improve this month.
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