Stocks rebounded to fresh record highs, driven by a rebound in tech as Nvidia chief executive Jensen Huang talk up AI-led chip demand and the Federal Reserve’s latest meeting pointing to further rate cuts ahead.
Stocks fell overnight as questions around the profitability of AI margins were raised as internal Oracle memos suggested the companies margins were softer than stated on renting Nvidia chips .
Stocks headed higher as AMD surged following a deal with AI-darling OpenAI, lifting broader tech and overshadowing an ongoing government shutdown.
Stocks continued to ignore the possibility of a lengthy Government shutdown triggering an economic slowdown, instead choosing to focus on the knock-on effect of the rate cuts that may come from it.
Investors strapped on the “Rose coloured glasses” overnight as stocks rose on bets the US government shutdown will trigger rate cuts.
Stocks shrugged off an almost certain Govt shutdown, high valuations, overly ambitious rate cut expectations and more tariffs to finish higher in what can only be described as a bulletproof market
Stocks ground higher overnight as Nvidia continued its recovery following a recent rout and investors awaited the release of a key jobs report later in the week and eyed the implications of a looming federal government shutdown.
Stocks snapped a three-day losing streak as Treasury yields dropped after an in-line inflation offset concerns about a flurry of new trade tariffs from President Donald Trump. Silver and platinum continued their run, with platinum hitting its highest price since 2013 and Silver just 8% from records set in 2011
Stocks fell for a third-straight day as stronger-than-expected economic data dented hopes for deep Federal Reserve rate cuts. Despite this Silver and Platinum prices rallied to multi-decade highs as supply concerns and an imminent US Govt shutdown loom
Stocks headed lower overnight after hitting a record high as big tech including Nvidia took a breather and investors digested remarks from Federal Reserve Chair Jerome Powell signalling a wait-and-see approach to further rate cuts .
Stocks clinched another record high as investors continued to pile into big tech, with Nvidia and Apple leading to the upside amid AI optimism and expectations for strong iPhone demand.
Stocks climbed Friday notching another all-time closing high and hefty weekly gains, underpinned by a jump in Apple, hopes of a Tik Tok deal and further rate cuts hopes.
