The Nasdaq and S&P 500 ended Monday on a positive note, bouncing back after losses as investors looked forward to quarterly results from AI giant Nvidia.
According to Reuters, Nvidia is set to release its third-quarter earnings on Wednesday, with investors focusing on chip demand and whether the AI-driven market rally can continue. According to Ms Schleif, specific sectors could face more volatility until further details about Mr Trump’s cabinet choices are released later this month.Last week, rising expectations that the Federal Reserve may slow its policy easing and uncertainty about Mr Trump’s cabinet picks caused the S&P 500 and Nasdaq to log their worst weekly losses in over two months.
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Source: The Straits Times - 🏆 8. / 63 Read more »