S&P 500 Gains and Losses Today: Index Edges Lower as AI-Fueled Rally Loses Steam

Key TakeawaysThe S&P 500 fell 0.2% on Friday, June 21, 2024, as the AI-fueled tech rally cooled and data showed a decline in the Conference Board's Leading Economic Index in May.Shares of Nvidia and other chipmakers moved lower as the rally in AI-related stocks faltered.FactSet Research shares rose after the financial data provider beat quarterly expectations and raised its full-year forecast. Major U.S. equities indexes were mixed to close out the trading week. The sluggish performance for the stock market ...