Investing.com-- U.S. stocks eked out a gain Tuesday, but investors had to contend with swings between in losses and gains amid pressure from an Nvidia-led dip in tech just a day ahead of key inflation data.
The minutes of the Fed's March meeting also due on Wednesday will likely provide further clues on the rate path ahead after the central bank guided for 75 basis points of rate cuts this year at this meeting. Traders, however, have been cutting expectations that the Fed will reduce interest rates by as soon as June. The CME Fedwatch tool shows a 54% chance for a 25 basis point cut in June.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forget Nvidia: Here are four stocks one investor is betting on insteadDavid Dietze of Peapack Private Wealth Management told investors to avoid the hype and seek out 'reasonable valuations instead.'
Source: CNBC - 🏆 12. / 72 Read more »
Nvidia has a parade of partners, but these two stocks are my favorite beneficiariesJim Cramer reflects on Nvidia's GTC conference and identifies the companies that stand to gain the most through partnerships with the AI chip giant.
Source: CNBC - 🏆 12. / 72 Read more »
We're hiking our price targets on Nvidia and two other rallying portfolio stocksSince the gains in these stocks look like they have legs, we're taking our numbers up.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Micron, Apple, Nvidia, Chewy, Sunnova and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Nvidia, Super Micro Computer, Unilever, Nordstrom and moreThese are some of the stocks making notable moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Nvidia, Unilever, Coinbase and moreTake a look at the stocks making moves before the opening bell on Tuesday, March 19.
Source: CNBC - 🏆 12. / 72 Read more »