Treasury yields slip, US stocks rise with tech
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Nvidia's (NVDA) rise has been fueled by Big Tech’s spending on its AI chips. Its fellow members of the so-called Magnificent Seven group of Big Tech stocks are also its biggest customers. Microsoft (MSFT) is the largest driver of Nvidia’s revenue,
Asian stocks rise as easing US-China tensions lift Hang Seng, Nikkei 225, and ASX 200; trade hopes and falling US yields support market sentiment.
U.S. stocks have rebounded sharply following a dip in April, regaining strength alongside a reassessment of their long-term value. However, recent market dynamics and credit rating developments have highlighted other concerns BlackRock indicated in its weekly market commentary report.
For most of the past decade, a handful of high-flying technology companies have pushed the US stock market to record highs and become cornerstones of investment portfolios. But that’s collapsed
Eternal, ITC, PowerGrid, Adani Ports, Nestle India, Infosys and Axis Bank shares rose up to 4.41% on Sensex today.
Stocks drifted to a mixed close on Wall Street in what has been a rocky week because of worries coming out of the bond market about the U.S. government’s mounting debt.
India's benchmark indexes ended higher on Wednesday, helped by a rise in information technology stocks on easing U.S. recession fears and in metals companies as the U.S. dollar weakened.