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TheDrop Market Analysis, 12/02/24

Markets saw mixed results, as while most stocks slumped, Big Tech surged to start the month.

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The Nasdaq led the way with a surge of about 1%, while the S&P came behind them. Meanwhile, the Dow tumbled slightly.


Meta rose 3%, Nvidia rose 0.3%, and Amazon rose 1.4%, to name a few. SMCI also finished strong with an over 20% surge.


Meanwhile, most other stocks slumped or fell down, possibly due to receding investor confidence to start the month.


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