US Stock Market Update | Large-cap tech stocks rise, NVIDIA surges over 5%
On Tuesday, large-cap tech stocks rose. As of the time of writing, Amazon was up 0.48%, Google up 0.62%, Microsoft up 0.88%, Meta Platforms up over 1%, Apple up over 1.4%, Tesla up over 3%, and NVIDIA up over 5%. The Nasdaq rose over 1.3%, with the U.S. July PPI year-on-year at 2.2%, below the expected 2.3%. The previous value was revised from 2.60% to 2.7%. Following the release of weak U.S. PPI data, traders increased bets on the Fed easing policy
According to Zhitong Finance APP, on Tuesday, large-cap tech stocks rose. As of the time of publication, Amazon (AMZN.US) rose by 0.48%, Google (GOOG.US, GOOGL.US) rose by 0.62%, Microsoft (MSFT.US) rose by 0.88%, Meta Platforms (META.US) rose by over 1%, Apple (AAPL.US) rose by over 1.4%, Tesla (TSLA.US) rose by over 3%, and NVIDIA (NVDA.US) rose by over 5%. The Nasdaq rose by over 1.3%, with the U.S. July PPI year-on-year at 2.2%, below the expected 2.3%. The previous value was revised from 2.60% to 2.7%. Following the release of weak U.S. PPI data, traders increased bets on the Fed easing policy