Stock Market Update: Gains Fueled by Inflation and Bank Earnings

Reported about 15 hours ago

U.S. stocks rose on Tuesday driven by technology shares, particularly Nvidia, which is set to resume sales of AI chips to China following U.S. government approval. The S&P 500 increased 0.4% and the Nasdaq rose 0.8%, while the Dow was slightly lower. Key inflation data showed an accelerated increase, raising questions about the Federal Reserve's future interest rate decisions amidst mixed results from major bank earnings.

Source: YAHOO

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