US stocks (^DJI,^GSPC, ^IXIC) closed the week on a high note ahead of the Federal Reserve's highly anticipated interest rate cut next week. Meanwhile, the Nasdaq Composite (^IXIC) saw its best week of the year as the tech sector bounced back. Nvidia (NVDA), in particular, is up nearly 16% after comments from CEO Jensen Huang renewed confidence in AI chip demand. Yahoo Finance Senior Reporter Alexandra Canal breaks down her top takeaways from the trading week. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl Read More...
US stocks (^DJI,^GSPC, ^IXIC) closed the week on a high note ahead of the Federal Reserve’s highly anticipated interest rate cut next week. Meanwhile, the Nasdaq Composite (^IXIC) saw its best week of the year as the tech sector bounced back. Nvidia (NVDA), in particular, is up nearly 16% after comments from CEO Jensen Huang renewed confidence in AI chip demand.
Yahoo Finance Senior Reporter Alexandra Canal breaks down her top takeaways from the trading week.
For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.
This post was written by Melanie Riehl
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