The S&P 500 rose sharply to end at its highest in over two weeks on Monday, lifted by Nvidia and Tesla following signs that the Trump administration might take a more measured approach on tariffs against U.
The S&P 500 ended the trading day with a significant increase, driven by strong performances from tech giants Nvidia and Tesla. Nvidia's stock surged after the company reported better-than-expected earnings and provided an optimistic outlook for future growth, fueled by demand for AI and computing technologies. Tesla also saw its shares rise following announcements of new product developments and expansion plans in key markets. These gains helped lift the broader market, with investors reacting positively to signs of economic resilience and potential pauses in interest rate hikes by the Federal Reserve. However, the market's upward movement was tempered by ongoing concerns about inflation and potential economic slowdowns.
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