Global Stock Markets Rise on AI Optimism and Nvidia Rebound
Global stock markets, including Wall Street and European exchanges, have seen a rebound, driven by renewed optimism in artificial intelligence and a recovery in chip stocks like Nvidia. This surge reflects positive investor sentiment as the quarter ends.
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US stocks today: Wall Street edges higher on quarter-end optimism as Nvidia rebounds
US markets saw a mixed trading session as investors weighed a rebound in AI stocks against persistent concerns about interest rates and global tensions. While major indices showed modest gains, the S&P 500 and Nasdaq are set for their first monthly dip in three months. Stronger-than-expected jobs data hints at a resilient economy, but also fuels inflation worries and potential Fed rate hikes.
By TOI BUSINESS DESK
Read full article →AI, chip stocks continue to rebound, boosting Wall Street higher
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