Stocks Swing Wildly as Nasdaq, Dow, and S&P 500 Post Gains and Losses

The Nasdaq and Dow stocks swung wildly, with gains and losses posting a rollercoaster ride. While J&J's potential acquisition boosted its stock, Visa settled legal battles without impact. McDonald's partnership with Krispy Kreme barely moved its stock. Boeing faced a downturn amid Moody's warning of a debt downgrade. Apple's upcoming developer conference caused a slight dip in its stock. The S&P 500 proved to be a mixed bag of surprises in the market.

The Dow: Swinging the Pendulum of Gains and Losses

• Is J&J Buying a Surge of Growth? Johnson & Johnson's potential acquisition of Shockwave Medical buoyed its stock by 0.4%.
• Visa Swipes Away Legal Battles Visa's amicable settlement with retailers regarding swipe fees left its stock unchanged.
• McDonald's and Krispy Kreme: A Sweet Deal? McDonald's partnership with Krispy Kreme had a negligible impact on its stock.
• Boeing's Downturn: A Moody Outlook Credit rating agency Moody's cast a shadow over Boeing, suggesting a possible debt downgrade.
• Apple's Annual Developer Conference: A Peek into the Future? Despite setting a date for its developer conference, Apple's stock dipped slightly by 0.7%.

The S&P 500: A Mixed Bag of Surprises

• McCormick's Seasoning of Success McCormick & Co.'s impressive earnings report sent its stock soaring by 10.6%.
• Seagate's Wave of Upgrades Morgan Stanley's bullish stance on Seagate fueled a 7.4% gain.
• MGM's Gamble on Sports Betting Mizuho Securities' positive endorsement boosted MGM Resorts' stock by 4.3%.
• UPS's Delivery Disappointment Despite optimistic revenue forecasts, United Parcel Service's stock plunged by 8.2%.
• International Paper's Merger Maneuvers Reports of a potential acquisition of DS Smith cast a shadow over International Paper, causing a 6.4% decline.
• Nvidia's Tech Trouble Nvidia led the day's mega-cap losers, shedding 2.5% of its value.

The Nasdaq 100: A Technology Tale of Ups and Downs

• Tesla's Self-Driving Sedan CEO Elon Musk's announcement of a free self-driving software trial sent Tesla's stock soaring by 2.9%.
• Micron's Momentum Micron Technology continued its winning streak, posting a 1.4% gain.
• AI Beneficiaries' Mixed Fortunes Broadcom and Meta Platforms, key beneficiaries of artificial intelligence, saw their stocks decline by 1.5% and 1.4%, respectively.