Reported about 7 hours ago
U.S. stocks rose on Tuesday, driven by a significant rebound in technology shares, particularly Nvidia, which saw a 4% increase, marking its fifth consecutive day of gains. The Nasdaq Composite increased about 1.5%, closing near its record high, while the S&P 500 rose around 1%. Oil prices retreated roughly 4% due to eased tensions in the Middle East and disappointing stimulus signals from China, causing a slump in Hong Kong stocks, which fell more than 9%. Investors are now focusing on upcoming inflation reports and the Federal Reserve's monetary policy.
Source: YAHOO