U.S. stocks close: Nvidia rallied nearly 13% Powell embraces September interest rate cut
2024-07-31 20:00:55
US stocks closing Nvidia rose sharply 13% Powell interest rate cutdesk3cryptocurrencydesktopCrypto News
August 1st news, "small non-agricultural" data and Powell for the start of interest rate cuts in September, the US stock market collectively rose on Wednesday, the Dow index initially closed up 0.24% or 100 points, the S & P 500 index rose 1.58%, the Nasdaq index rose 2.6%. NVIDIA (NVDA. O) rose 12.8%, TSMC (TSM. N) rose 7%, Tesla (TSLA. O) rose 4%. Nasdaq China Golden Dragon index closed up 0.78%, Li Auto (LI. O) rose 5%, Alibaba (BABA. N) rose 1%.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
