Reported 28 days ago
U.S. stocks ended higher as Nvidia surged over 8% after positive remarks from CEO Jensen Huang at a conference, reviving investor interest in AI. B. Riley Wealth strategist Art Hogan noted the volatility in the market, emphasizing that recent CPI data triggered an overreaction. He believes the semiconductor sector, previously down 23%, is ripe for recovery as investor sentiment shifts back towards technology, especially in September's conference season.
Source: YAHOO