Stock market today: Asian shares advance after Nvidia's rebound offsets weakness on Wall St

Japan’s Nikkei jumped 1.3% to 39,667.07, buoyed by strong demand for technology shares driven by the enthusiasm over Nvidia and artificial intelligence.Meanwhile, the dollar inched higher against the Japanese yen, drawing warnings from senior officials in Tokyo of potential intervention in the market.“Fundamentally, the yen remains weak, lacking triggers for a reversal,” Luca Santos, a currency analyst at ACY Securities, said in a commentary.

Most stocks outside Wall Street’s frenzy around artificial-intelligence technology fell. Nvidia climbed 6.8%, and without that gain, the S&P 500 would have dropped to a loss for the day. The chip company’s shares snapped a three-day losing streak where they had shed nearly 13% for their worst such stretch since 2022.of high interest rates. But the AI boom has been so frenzied that it’s raised worries about a possible bubble in the stock market and too-high expectations among investors.

Upper-income households seem to be doing better, and they’re booking trips on cruise ships. Carnival steamed 8.7% higher after it raised its profit forecast for 2024. The cruise company said bookings for the rest of the year are the best on record in terms of both price and occupancy. And bookings for next year may end up even better.

It’s been mostly falling since topping 4.70% in late April, which has relaxed the pressure on the stock market. Yields have sunk on hopes that inflation is slowing enough to convince the Federal Reserve to

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Stock market today: Wall Street mixed as red-hot chipmaker Nvidia claws back some recent lossesMarkets on Wall Street were quietly mixed early Tuesday following a mixed session a day earlier that saw a third straight decline for red-hot chipmaker...
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Stock market today: Wall Street drifts in early trading as Nvidia slips more moreNEW YORK (AP) — U.S. stock indexes are drifting in mixed trading as Nvidia regresses a bit more. The S&P 500 was flat in the early going Monday, still near its record set last week.
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Stock market today: Wall Street drifts as Nvidia loses some more momentumNEW YORK (AP) — U.S. stocks drifted to a quiet close of the week, as Nvidia’s stock continued to cool from its startling, supernova run. The S&P 500 slipped 0.2% Friday, though it’s still near the all-time high it set on Tuesday.
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Stock market today: Nvidia keeps flying and helps keep Wall Street near its recordsNEW YORK (AP) — Nvidia, the chip company that’s become Wall Street’s most influential stock, is rising again and helping to keep U.S. indexes around their record highs despite a mixed set of reports on the economy. The S&P 500 was up 0.
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Stock market today: Nvidia climbs to Wall Street's mountaintop as stocks broadly driftNEW YORK (AP) — U.S. stocks edged up to more records following the latest signal that the economy’s growth may be slowing without cratering, while Nvidia continued its rocket ride upward to become Wall Street’s most valuable company.
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Stock market today: Wall Street ticks higher as Nvidia, GameStop and others leapNEW YORK (AP) — Most stocks are ticking higher as Wall Street approaches its recently set records. The S&P 500 was up 0.4% in early trading, coming off its sixth winning month in the last seven.
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