Nvidia's 7% Surge Shakes Up Markets

Nvidia's 7% Surge Shakes Up Markets

US stocks saw mixed outcomes on Tuesday as AI chipmaker Nvidia (NVDA) rebounded nearly 7%, pushing the tech-heavy Nasdaq up 1.3% and the S&P 500 up 0.4%, both breaking three-session losing streaks.

However, the Dow slipped 0.8% amid this turbulence.

As we await Friday's crucial PCE index update, Fed's Governor Bowman hinted at potential rate hikes to control inflation.

Stay tuned for more on market movements and key economic updates!

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