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US Stocks Set to Recover After Tech-led Selloff, Nvidia's Market Value Plummets /
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2024-07-10 06:03:31

US Stocks Set to Recover After Tech-led Selloff, Nvidia's Market Value Plummets on Nostr: S&P 500 and Nasdaq Hit Record Highs Boosted by Nvidia's Gains =============== ...

S&P 500 and Nasdaq Hit Record Highs Boosted by Nvidia's Gains
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#de6ef26b ver:0.33

The S&P 500 and Nasdaq hit record highs, boosted by Nvidia's gains. The positive economic indicators and speculation of interest rate cuts fueled investor sentiment. However, the Dow Jones lost ground while global stock markets saw mixed performance. Saks Fifth Avenue's parent firm is set to buy Neiman Marcus, Europe's tariffs on Chinese EVs are expected to increase, and New Zealand plans to ease zoning rules. The S&P 500 and Nasdaq celebrated another day of historic highs, driven by technology stocks like Nvidia. Federal Reserve Chair Jerome Powell's remarks on potential interest rate cuts shaped market sentiment. Financial stocks saw gains ahead of upcoming earnings reports....

#newstr #StockMarket #S&p500 #Nasdaq #Nvidia #TechnologyStocks #FederalReserve #InterestRateCuts #MonetaryPolicy #Inflation #EconomicData

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