Reported about 1 month ago
US stocks showed signs of recovery as economic data indicated stronger-than-expected growth in the second quarter, despite Nvidia's underwhelming forecast impacting investor sentiment. While the Nasdaq 100 Index rose 0.8%, Nvidia shares fell 2.28%, reflecting a shift from big tech stocks towards sectors likely to benefit from potential interest rate cuts. Other companies like Dollar General and CrowdStrike also faced challenges, showcasing mixed earnings results.
Source: YAHOO