Reported 1 day ago
The S&P 500 reached a record high on Wednesday as traders looked forward to Nvidia's upcoming quarterly results, a key event that could impact the AI sector rally. Nvidia shares fluctuated before closing slightly down, with investors anticipating significant revenue growth. The index now trades at a valuation not seen in four years, raising concerns about a potential AI bubble. Amid mixed performance in major tech stocks, investors are also monitoring developments in U.S. monetary policy and interest rate expectations.
Source: YAHOO