Investing.com-- The Dow closed at a fresh record high Tuesday, despite cautious sentiment as investors awaited results from chipmaking giant Nvidia 's quarterly earnings due Wednesday after the closing bell is expected to serve as a gauge on whether the AI-fueled tech rally has room to go or may soon run of steam.
The countdown to Apple's product event due Sept. 9, meanwhile, continues to dominate investor attention amid expectations from some tech bulls that the tech giant's upcoming new iPhone could spark an historical upgrade cycle.), meanwhile, rose more than 1% after Evercore ISI, citing strong survey data, lifting its price target on the stock to $750 from $710 a share.
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