Here's your summary from Stocks Rise on the Back of Nvidia | What You Missed 6/18 (https://www.youtube.com/watch?v=vj67GP9X0v0) on the Bloomberg Television channel:

**TLDR:** Stocks rose on the back of Nvidia, with the S&P 500 gaining 13 points, driven by Nvidia's price target increase and ETF reshuffling.

1. Nvidia's stock rose 3.5% in a day, becoming the world's most valuable company.

2. Rosenblatt Securities raised Nvidia's price target to $200 from $140.

3. The ETF XLK is reshuffling, potentially buying $10 billion of Nvidia shares and selling over $11 billion of Apple.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro