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Nvidia, Dow Jones and Inflation
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Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.
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Dow Jones Futures: Nvidia, AMD, CoreWeave Can't Hide Market Woes; 3 Stocks Top Buy PointsDow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures.Another big inflation report is due before the open, along with earnings from chip-gear giant ASMLASML as well as Goldman SachsGS.
Viatris Inc. closed 34.10% below its 52-week high of $13.55, which the company achieved on November 25th.
The Dow Jones Industrial Average falls 1 per cent to 44,023.29. Read more at straitstimes.com. Read more at straitstimes.com.
US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trumps trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%,
This was the stock's third consecutive day of losses.
The Dow Jones Index has surged and entered a bull market in the past few months. Explore what to expect ahead of earnings
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Nvidia ( NVDA 4.08%) became the first company to reach $4 trillion in market cap on Wednesday -- an incredible feat considering the company was worth a fraction of tech giants Apple and Microsoft just a few years ago.
The Dow Jones fell on Tuesday, but still remains within recent consolidation. Equities backslid after US CPI inflation came in hotter in June, stoking Fed rate concerns. Large bank earnings also came in mixed or lower,
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