News Formal

Stock market today: Nasdaq soars to lead stocks higher, Nvidia spurs AI hopes

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Investors are starting the week in an upbeat mood as techs shine ahead of a pivotal Fed policy call.

US stocks rose on Monday ahead of a key Federal Reserve rate decision, as investors set aside worries about stalled interest rates to focus on hopes around AI developments. The benchmark S&P 500 added roughly 0.8%, while the tech-heavy Nasdaq Composite led the way higher more than a 1% gain. The Dow Jones Industrial Average rose 0.2%, signaling a comeback from Friday's loss.

Techs were on the rise, buoyed by AI buzz ahead of the kickoff of chipmaker's Nvidia's annual conference on Monday. Meanwhile, Alphabet shares climbed after a Bloomberg report that Apple is in talks to build Google's Gemini AI engine into its next iPhone. But trading on the Nasdaq, which hosts shares in Apple and other tech giants, was disrupted for at least two hours early Monday thanks to a technical glitch that affected connectivity and matching orders.

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:

 /  🏆 47. in BUSİNESS
 

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

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: S&P, Dow hit record highs as Nvidia ignites global rallyStocks powered higher as investors celebrated Nvidia's blowout results, which beat sky-high expectations and revived the AI frenzy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq leads declines as earnings take center stageInvestors are looking to Walmart earnings to provide insight into consumer resilience, while Nvidia's results loom large.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq futures rise as Fed rate call loomsInvestors are starting the week in an upbeat mood as techs shine ahead of a pivotal Fed policy call.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

US Stocks Slip as Investors Await Nvidia Earnings, Fed MinutesUS stocks slipped on Wednesday as investors counted down to high-stakes earnings from AI darling Nvidia (NVDA) and the release of Federal Reserve minutes which reiterated the central bank's focus on not cutting interest rates too soon.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »