Nvidia, Stocks and tariffs
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Megacap technology and growth stocks have retaken U.S. market leadership in recent weeks, but investors say that factors are in place that could allow a broader group of stocks to outperform for the rest of the year.
Computer chipmaker Nvidia's blockbuster quarterly earnings are boosting investor confidence in the AI revolution and the tech sector at large.
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A big rally for stocks that began in Asia lost steam amid uncertainty about what will happen next after a U.S. court blocked many of President Donald Trump’s tariffs.
Key U.S. economic data, developments with federal tax-and-spending legislation and twists and turns on trade all are poised to influence equities in the coming week, with the U.S. market closing in on record highs.
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US indexes inched up on Thursday, giving up most gains as investors assessed the latest trade developments after an appeals court reinstated Trump's tariffs.
Nvidia results pleased investors and eased fears over China tariffs and separately a court ruled President Trump’s tariffs are illegal with the White House vowing to appeal and Elon Musk is officially done with DOGE.
Fidelity Investments’ Jurrien Timmer calls this a “damned-if-you-do-market," that's setting up for a rangebound 2025.
The pound was suppressed by a more buoyant dollar and gilt yields seemed to shake most of it off with disinterest. That’s all from us at Markets Today for now. Join us here again on Monday for a more lively week of economic data and earnings and until then,