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Markets today: tech lifts U.S. stocks as FedEx up in late hours

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A rally in the world’s largest technology companies lifted stocks, with Nvidia Corp. climbing 7 per cent after a US$430 billion selloff.

Boaz Weinstein Says Biden Is Better for Bond Market Than TrumpExxon Plans New Guyana Oil Project to Boost Output Into 2030sEnergy Investor Kimmeridge Takes Control of Commonwealth LNGDrug-Trial Software Maker Clario Files Confidentially for IPOVale Returns to Global Debt Markets With Sale of Dollar BondsFed’s Cook Says Rate Cut Needed at Some Point But Timing UnclearGlen Point’s Neil Phillips Spared US Prison for FX ManipulationSteve Eisman Says the Nvidia Story Is Going to Last for YearsIRS...

6 Billion in Green, Infrastructure PushLithium’s Low Price Can’t Support Spending on New Plants, Albemarle SaysNY’s Westchester Towns Agree to Build $138 Million Filtration PlantForget 160, Traders See Yen Slumping as Far as 170 This TimeWegovy Users Drop $80,000 on Plastic Surgery to Shed Extra SkinRussia’s Oil Exports Drop the Most in Three Months on Port WorksCanada inflation quickens to 2.

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Markets today: Tech megacaps lift stocks after Nvidia’s selloffA rally in the world’s largest technology companies lifted stocks, with traders also wading through economic data and remarks from Federal Reserve speakers for clues on the outlook for rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: tech hits U.S. stocks as Nvidia extends selloff to 13%Stocks lost traction as an about US$400 billion plunge in Nvidia Corp. raised speculation that the rally in the industry that has powered the bull market was due for a breather.
Source: BNNBloomberg - 🏆 83. / 50 Read more »