Nvidia's Earnings Boost Wall Street, Fed Pause Hints

Nvidias robust quarterly earnings, with a 65% revenue surge, propelled Wall Streets growth, easing AI stock concerns and boosting futures for major indexes. Traders anticipated the delayed September jobs report, with the Fed potentially pausing rate cuts due to inflation concerns. Global markets reacted positively, with European and Asian indices rising, while Chinese markets ended mixed amid property sector reports. 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.