Tech Rally Propels US Stocks with Nvidia Rising 5%: Markets Update

Reported 11 months ago

A rally in the technology sector boosted US stocks, with Nvidia surging 5% after a significant decline. The S&P 500 and Nasdaq 100 saw slight gains, while US Treasury yields remained steady following a successful auction. Overall market sentiment remains positive, with investors showing confidence in US equities amid expectations of potential rate cuts by the Fed. Notably, other tech demand signals remain optimistic despite Nvidia's recent correction.

Source: YAHOO

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