Stocks bask in Nvidia glow, dollar steady

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 26 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 115%
  • Publisher: 78%

Kitco News أخبار

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

LONDON, June 19 - Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker Nvidia , opens new tab the world's most valuable company, while the dollar stalled as soft U.S. retail sales data suggested rates could fall this year.

The pound rose after data earlier showed British inflation returned to the Bank of England's 2% target in May for the first time since 2021. Sterling , which is down around 0.2% so far this month, last fetched $1.2728, up 0.2%, while the euro inched up 0.1% to $1.0749, but was still down 1% in June. Last week, mild U.S. inflation readings contrasted with an overall hawkish stance by Fed officials, who trimmed their previous median projection for three quarter-point rate cuts this year to one.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 13. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Premarket: Global stocks boosted by Nvidia rallyU.S. markets are closed on Wednesday, which will likely result in muted trading throughout the day
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

Markets today: U.S. stocks rise as bullish Nvidia call boosts AI tradeA rally in chipmakers drove stocks to another record, with traders betting the potential for Federal Reserve rate cuts will keep fueling the industry that has powered the equity market this year.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »

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.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »

Markets today: Stocks fall amid rout in big banks as Nvidia sinksA slide in banks weighed on stocks ahead of the Federal Reserve decision, with political uncertainties in Europe driving traders to the safest corners of the market such as Treasuries and the dollar.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »

Stocks shrug off hot jobs report, GameStop sinks, Nvidia stock split on tap: Yahoo FinanceStocks are little changed (^DJI,^GSPC, ^IXIC) despite the hotter-than-expected May jobs report. The US added 272,000 jobs last month, far more than the...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stocks mixed ahead of Friday jobs report, Nvidia slips: Yahoo FinanceStocks (^DJI, ^IXIC, ^GSPC) are trading mixed as investors await Friday's jobs report. Traders are looking for evidence the economy is softening, which could...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »