Reported about 2 hours ago
U.S. stock markets soared to record highs on Thursday following the Federal Reserve's interest rate cut and Nvidia's announcement of a $5 billion investment in chipmaker Intel, which saw its shares surge by 23%. The Nasdaq Composite rose by about 0.9%, with the S&P 500 and Dow Jones also closing higher as optimism grew despite earlier concerns regarding inflation and job market data. Overall, all major indices touched new milestones, reflecting positive investor sentiment.
Source: YAHOO