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Image Credit: Baystreet

Dow Rebounds from 2 Days of Losses

  • Stocks rebounded on Wednesday led by tech, with Nvidia hitting a milestone while investors kept an eye on tariff updates from President Trump.
  • The Dow Jones rose 217.81 points, the S&P 500 gained 38.7 points, and the NASDAQ Composite surged 201.49 points.
  • Nvidia shares climbed 2%, becoming the first company to achieve a $4 trillion market capitalization. Other tech giants like Meta Platforms, Microsoft, and Alphabet also saw gains.
  • Traders remained unfazed by tariff news, with attention shifting towards the release of the Federal Open Market Committee's meeting minutes. Treasury yields dipped and oil prices rebounded, while gold prices fell.

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