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The S&P 500 and Nasdaq achieved record highs for the fourth consecutive session, driven by strong technology shares. Despite a rise in U.S. unemployment claims, lower producer prices have fuelled hopes for a Federal Reserve rate cut in September. Broadcom and Nvidia shares soared, highlighting the tech sector's dominance.
The tech-heavy Nasdaq and the benchmark S&P 500 were poised to open higher on Thursday, driven by a rally in chip stocks after Nvidia's upbeat revenue forecast cemented investor optimism around the...
The tech-heavy Nasdaq climbed on Thursday as investors cheered AI chip leader Nvidia's blowout revenue forecast, but persistent worries about U.S. inflation limited gains in the broader U.S. market. ...
Wall Street's main indexes struggled for direction on Wednesday as investors kept to the sidelines ahead of AI chip leader Nvidia's quarterly results and minutes of the Federal Reserve's policy...
* Nvidia up as brokerages raise PT ahead of results on Wed ...