Stocks Surge Ahead of Fed Decision as Nvidia Rallies

Reported 3 months ago

US stocks experienced significant gains on Wednesday as investors reacted to the Federal Reserve's decision to maintain interest rates with hints of a potential cut in September. The Nasdaq rose over 2.6%, driven by a tech resurgence, particularly Nvidia, which soared more than 12% after a strong earnings report from AMD. Meanwhile, oil prices climbed due to geopolitical tensions in the Middle East, further adding to market volatility.

Source: YAHOO

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