2024-07-24 12:45:00 ET
Summary
- U.S. markets experienced significant gains driven by the AI sector, with Nvidia reaching a $3 trillion market cap, amidst investor hopes for potential Fed interest rate cuts.
- Federal Reserve Chair Jerome Powell's testimony to Congress hinted at potential interest rate cuts, contributing to market optimism.
- The BUZZ NextGen AI US Sentiment Leaders Index returned 2.15% during the month of June.
U.S. markets experienced significant gains driven by the AI sector, with Nvidia reaching a $3 trillion market cap, amidst investor hopes for potential Fed interest rate cuts....
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BUZZ Investing: Fed Signals Potential Rate Cuts Amid Cooling Inflation