Nvidia, Jobs Market Drive US Stock Market Rally

The U.S. stock market is surging, driven by Nvidias robust earnings and anticipation of further interest rate cuts. The S&P 500, Dow Jones, and Nasdaq all gained, with Walmart also reporting positive results. Nvidias success bolsters the AI industry, while the job markets slowdown has investors hoping for more rate cuts. Europe and Asia also saw gains, with Japans Nikkei and South Koreas Kospi leading the way. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.