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Hawkish Fed Chair Warsh Hammers Stocks; Nvidia (NVDA) Retreats

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

News Summary

  • U.S.
  • stocks retreated after Federal Reserve Chair Warsh delivered a hawkish speech at Jackson Hole, dashing hopes for early rate cuts and boosting the probability of a September hike.
  • Growth stocks like Nvidia fell sharply, while Apple rose on subscription price hikes.
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NVDA price history

212.17 +17.98% over the displayed period

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