Reported 19 days ago
The Nasdaq, along with the Dow Jones and S&P 500, surged as investors reacted positively to the Federal Reserve's recent 50 basis point interest rate cut. Major chip stocks like Nvidia and AMD soared over 5%. Attention is also on FedEx as it prepares to release its first-quarter earnings later today, while notable mentions include Tesla, Meta Platforms, and PayPal Holdings.
Source: YAHOO