Posts with tag: customs
S&P 500 sets record as inflation eases, Fed rate cut odds shift. Alibaba, Walmart earnings, Fed minutes, and AI stocks in focus this week. Markets closed for Presidents' Day Monday.
Published on: February 17, 2025, 01:03 PM UTC
The Nasdaq and S&P 500 rebounded on Tuesday, following a steep stock sell-off spurred by Chinese startup DeepSeek and the ripple effect its potentially cheaper AI model could have on Big Tech. Bellwether Nvidia (NVDA) was the standout of the trading day, with shares finishing the day up nearly 9% after it shaved off a record $589 billion from its market cap in the previous session.
Published on: January 28, 2025, 11:02 PM UTC