Markets today: Tech megacaps lift stocks after Nvidia’s selloff

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

A rally in the world’s largest technology companies lifted stocks, with traders also wading through economic data and remarks from Federal Reserve speakers for clues on the outlook for rates.

Star Quant Fund’s 38,650% Asset Jump Threatened by India ProbeNY’s MTA to Detail How Toll Pause Is Squeezing Operating BudgetAsset-Backed Bond Market Is Helping to Fuel the Global AI BoomBybit Is Now the World’s Second-Largest Crypto ExchangeArnault Said to Have Bought Stake in Cartier Owner RichemontSpain Adds Olive Oil to VAT Exemption Running Until September 30Santander Sells Commercial Property Assets in Tourism ReboundEgypt Plans $1.

2 Billion of Energy Imports to End Power CutsVale Returns to Global Debt Markets With Sale of Dollar BondsIndian Billionaire Investor Birla to Build Texas Chemical PlantMalaysia’s Carbon Tax Ambitions Need to Overcome Fuel SubsidiesIndian Premier Modi to Visit Russia, Kremlin Aide SaysStellantis Threatens to Pull Out of UK Over EV Sales MandateThelo to Raise $250 Million With Eye on Africa’s Giant Rail CorridorsThe Daily Chase: Canadian inflation is heating up againMacklem: BOC can beat...

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:

 /  🏆 83. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Markets today: tech hits U.S. stocks as Nvidia extends selloff to 13%Stocks lost traction as an about US$400 billion plunge in Nvidia Corp. raised speculation that the rally in the industry that has powered the bull market was due for a breather.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Tech giants take wind out of stocks after rallyStocks lost traction after a rally to multiple all-time highs spurred calls for a near-term pullback amid signs of buyer exhaustion.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: European stocks struggle to build on U.S. tech rallyEuropean stocks struggled to build on a two-day rally as traders sought fresh catalysts in the wake of the latest tech-driven gains in the U.S.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Falling tech stocks drag Wall Street lower againFalling technology stocks are once again pulling Wall Street lower on Friday and overshadowing gains made by other, less influential stocks in the market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Tech rout hits stocks as treasuries gain after GDPWall Street traders sent stocks down and bonds up after the latest round of economic data signaled momentum is slowing.
Source: BNNBloomberg - 🏆 83. / 50 Read more »