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World Shares Are Mixed, While US Futures Advance Following a Wall St Rally Led by Nvidia
- On Wednesday, the U.S. stock market rose, led by Nvidia, which climbed 2.2% after Meta Platforms announced a long-term data-center partnership, driving the S&P 500 higher.
- Several profit reports from companies helped lift stocks Wednesday as the Federal Reserve paused rate cuts, though many on Wall Street expect easing later this year; Treasury 10-year yield rose to 4.08% Tuesday.
- Cadence Design Systems climbed 7.2% and Analog Devices rose 2.1% after beating profit and revenue estimates, helping offset an 8.7% slide for Palo Alto Networks on Wednesday.
- The S&P 500 moved closer to its record, pulling within 1.4% of last month's high, while the Dow Jones Industrial Average rose 222 points and the Nasdaq composite gained 0.8%.
- Market dynamics reflect a wider rethink of AI-related investments as a Bank of America survey found a record percentage saying companies are `overinvesting`, pressuring AI-focused companies and individual listed companies facing investor reappraisal.
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58 Articles
In contrast, future U.S. contracts have slowly recovered and oil prices have risen, in view of reports on the increase in the likelihood of a conflict with Iran
World shares are mixed, while US futures advance following a Wall St r
European shares opened lower and Asian shares were mostly higher Thursday after a rally on Wall Street that was led by computer chip giant Nvidia. Oil prices rose as media reports said the likelihood was rising of U.S. conflict with Iran. President Donald Trump has been weighing whether to take military action against Iran as his administration surges military resources to the region while holding indirect talks with Tehran over its nuclear prog…
World shares are mixed, while US futures advance following a Wall St rally led by Nvidia
European shares opened lower and Asian shares were mostly higher Thursday after a rally on Wall Street that was led by computer chip giant Nvidia. Oil prices rose as media reports said the likelihood was rising of U.S. conflict with Iran. President Donald Trump has been weighing whether to take military action against Iran as his administration surges military resources to the region while holding indirect talks with Tehran over its nuclear prog…
Nvidia leads the US stock market higher - Boston News, Weather, Sports
NEW YORK (AP) — The U.S. stock market ticked higher on Wednesday, led by its most influential stock, Nvidia. The S&P 500 rose 0.6% and pulled a bit closer to its all-time high set late last month. The Dow Jones Industrial Average added 129 points, or 0.3%, and the Nasdaq composite gained 0.8%. Nvidia helped lift the market and climbed 1.6% after Meta Platforms announced a long-term partnership where it will use millions of chips and other equipm…
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