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U.S. stocks drifted lower midday Wednesday after July PCE inflation met monthly forecasts but ran hotter than expected annually, while second-quarter GDP growth was confirmed at an annualized 1.5%.
Bitcoin briefly tops $80,000 while crude oil falls after President Donald Trump says the U.S. Navy removed “all mines” from the Strait of Hormuz.
The U.S. stock market has closed out its most profitable quarter in six years, a milestone celebrated by President Donald Trump as indirect negotiations between the United States and Iran wrapped up in Qatar, easing global energy supply fears. A Tech-Driven Market Surge The S&P 500 surged nearly 15% over the past three
NVIDIA (NASDAQ: NVDA ) stock has underperformed the broader market this year. It has risen by 12% this year, while the tech-heavy Nasdaq 100 Index has soared by 20%. It remains 10% below its highest point this year, as analysts predict that it has more upside to go. Wall Street Analysts See Nvidia Stock Soaring Most Wa