Tech Sector Dominates Market as CPI and Fed Rate Plans Surface

Reported 28 days ago

In a notable trading session, the technology sector significantly outperformed others, with the Nasdaq Composite rising over 2.1% and the S&P 500 gaining 1.07%. This surge was attributed to Nvidia CEO Jensen Huang's comments on strong semiconductor demand, alongside market reactions to August's Consumer Price Index and insights regarding the Federal Reserve's potential interest rate plans.

Source: YAHOO

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