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Nasdaq Rallies as Cooling Inflation Sinks Fed Hike Bets and NVIDIA Expands AI Financing

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Wall Street finished mixed as cooling inflation and weak jobs data heightened expectations that the Federal Reserve will pause interest rate hikes in September.
  • Tech and growth stocks led gains, further supported by NVIDIA announcing major customer financing partnerships with leading global asset managers.
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NVDA price history

210.96 +18.92% over the displayed period

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