Here are the top five things investors need to know to start day trading:
1. More milestones
A little about books. of S&P 500 hit a new high on Wednesday, rising 1.18% to close at 5,354.03. The index also hit a new all-time intraday high of 5,354.16 during the session. of Nasdaq Composite also rose to a new record, climbing 1.96% to 17,187.90. In the meantime, Dow Jones Industrial Average trailed slightly in comparison, as the index rose 0.25% to close the session at 38,807.33. Follow live market updates.
2. Power increase
Nvidia CEO Jensen Huang delivers his keynote speech ahead of Computex 2024 in Taipei on June 2, 2024.
Sam Yeh | AFP | Getty Images
Things just keep getting better Nvidia. Shares of the chip maker surpassed the $3 trillion mark during Wednesday’s trading session, reaching $3.019 trillion at the market close. The company also passed Apple — with a market cap of $2.99 trillion at market close — to become the second most valuable publicly traded company in the US. Nvidia has stood at the top of the podium as the main beneficiary of the artificial intelligence boom, which has pushed the stock higher since 2023. Just in the last few weeks since the company reported its latest earnings results, the stock has fallen more more than 24%.
3. Training sessions
Walmart employee Losing Spicer helps transport some of the nearly 400 bikes for the Montgomery County Sheriff’s Office’s annual Operation Blue Elf Bikes and Badges event Friday, Dec. 8, 2023, in Conroe.Â
Jason Fochtman | Houston Chronicle | Hearst Newspapers | Getty Images
Attention all Walmart store and warehouse staff: The retailer is planning to offer new training programs and certifications to fulfill its high-demand roles across the business. This includes roles such as HVAC technicians, optics and software engineers. Walmart will also offer an annual bonus of up to $1,000 to hourly store employees, which is not the first time this year that the company has announced financial rewards for its workers. Earlier this year, Walmart announced that store managers could earn more than $400,000 a year by earning $20,000 in stock grants.
4. Alcohol be damned?
A worker guides a forklift through the warehouse at Southern Glazer’s Wine and Spirits LLC distribution center in Louisville, Kentucky, September. 28, 2018.
Luke Sharrett | Bloomberg | Getty Images
The largest alcohol distributor in the US may soon be sued. Sources told CNBC that the Federal Trade Commission is preparing an antitrust lawsuit that will allege Southern Glazer’s Wine and Spirits — a Florida-based company that distributes alcohol for more than 7,000 brands in 44 states — has offered “stealth kickbacks” to customers. major retailers and violating the antitrust law known as the Robinson-Patman Act of 1936. The lawsuit the FTC is preparing has not yet been finalized and could be filed within weeks. In 2023, the company reported $26 billion in revenue, according to Forbes.
5. Up, up and away
A United Launch Alliance Atlas V rocket carrying two astronauts on the Boeing Starliner-1 Crew Flight Test (CFT) launches on a mission to the International Space Station, in Cape Canaveral, Florida, USA on June 5, 2024.
Joe Skipper | Reuters
Houston, we have takeoff. Boeing launched the first crewed flight of its delayed Starliner spacecraft on Wednesday, lifting off at 10:52 a.m. ET from Cape Canaveral, Florida. With two NASA astronauts on board — Butch Wilmore and Suni Williams — the flight is set to fly in space for about 25 hours before it plans to dock with the International Space Station around noon Thursday. The astronauts will then spend about a week on the station before returning to Earth. Meanwhile, down on Earth, Boeing CEO Dave Calhoun will testify at a Senate hearing on allegations of whistleblower safety and quality controls on Boeing planes on June 18.
— CNBC’s Brian Evans, Alex Harring, Kif Leswing, Melissa Repko, Rebecca Picciotto, Michael Sheetz and Leslie Josephs contributed to this report.
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