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US Stocks Surge on Fed Rate Pause Signals; Tesla and Nvidia Post Gains

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

News Summary

  • U.S.
  • stocks rallied after Fed Governor Waller signaled support for keeping interest rates unchanged, easing rate-hike concerns and sending Treasury yields lower.
  • Major benchmarks climbed over 1%, while Tesla surged 7% ahead of its Cybercab event and Nvidia announced a $12.93 billion deal to acquire Hugging Face.
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TSLA price history

365.44 -12.53% over the displayed period

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