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The S&P 500 is approaching record highs, bolstered by a significant rally in the technology sector, with Nvidia's nearly 30% stock surge playing a pivotal role.
Since the index's bottom on August 5, it has risen over 7%, with the "Magnificent Seven" tech giants—Apple, Alphabet, Microsoft...
Key Points:
Stock Performance: Nvidia closed the latest trading day at $111.59, indicating a -1.3% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.08%.
The Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq appreciated by 0.07%.
Recent...
Stock Performance: Nvidia shares surged over 4% in early trading on Monday, rising to $122.76 . This rebound followed a sell-off in chip stocks the previous week.
AI Chip Development: Nvidia is reportedly developing a version of its upcoming Blackwell chip, the "B20," which will be compliant...
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