Markets React to Nvidia Earnings and Fed Rate-Cut Speculations

Reported 3 days ago

The Nasdaq and S&P 500 closed higher as investors anticipated Nvidia's quarterly earnings, which are crucial for assessing the AI chip demand. Amidst policy changes under the incoming Trump administration, Tesla's stock rose significantly. However, uncertainties about the Federal Reserve's plans and potential cabinet appointments affected market performance, leading to varying stock reactions. The upcoming holiday shopping season will also see close scrutiny of major retailers' results.

Source: YAHOO

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