Stocks increased on Wednesday, following two days of declines. Nvidia achieved a historic $4 trillion market cap while traders appeared unconcerned about the recent resurgence of tariff discussions. The S&P 500 rose by 0.6%, and the Nasdaq increased by 0.9%. Although many Asian markets reacted negatively to the tariffs, U.S. markets remained stable. President Trump extended the tariff deadline to August 1, contributing to mixed market responses. Nvidia's growth signifies its impact on the AI market rally, helping uplift major indexes.
Traders seem to be unbothered that tariffs' return to the spotlight could lead to another market crash. As stocks rose, Nvidia became the first company to ever reach a market cap valued at $4 trillion.
Stocks rose on Wednesday after two days of declines. Those downturns proved to be little more than blips in the continuous-albeit choppy-march the stock market has had since its recent nadirs in April.
Collection
[
|
...
]