Reported 1 day ago
US stocks ended mixed as the Federal Reserve cut interest rates for the second time this year, with the S&P 500 slightly down and Nasdaq reaching a record high. Fed Chair Jerome Powell indicated that future cuts were uncertain, causing some volatility in the markets. Meanwhile, Nvidia's stock surged as optimism grew over easing trade restrictions with China, making it the first company to surpass a $5 trillion market valuation.
Source: YAHOO