Stocks Rise on the Back of Nvidia | What You Missed 6/18
June 18, 2024
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2:03Now PlayingStocks Rise on the Back of Nvidia | What You Missed 6/18
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as posted by the channelA rally in chipmakers drove stocks to another record, with traders betting the potential for Federal Reserve rate cuts will keep fueling the industry that has powered the equity market this year. The S&P 500 came closer to the historic 5,500 mark. Nvidia Corp. became the world’s most-valuable company — topping Microsoft Corp. — to extend this year’s record-breaking surge.
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