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HomeEconomyWall Street closes in the green with new highs for Nasdaq

Wall Street closes in the green with new highs for Nasdaq

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to North American stock markets closed Tuesday's session in the greenlike The Nasdaq Composite hits a new all-time high and closes at its highest level. This comes as investors await Nvidia's results, which could push the country's major indices to new highs and test the resilience of listed stocks betting on artificial intelligence.

Investors are waiting too Disclosure of the minutes of the US Federal Reserve meeting on May 1This is the meeting in which the US Central Bank decided to keep interest rates unchanged. Over the past two days, several Fed members have expressed caution about potential cuts in key interest rates this year, despite data revealed last week suggesting lower inflation in April.

Hey The Standard & Poor's 500 index added 0.09% to 5,308.13 points.while the The tech-heavy Nasdaq advanced 0.65%. For one Close record in 16,832.63 points – After he shot at Highest value ever at 16839.02 points. actually The Dow Jones Industrial Average fell 0.49% to 39,806.77 points.

Actions Nvidia has returned to its valueAfter opening Tuesday's session in red. The technology giant has grown 0.64%l 953.86 Dollar, yet Analysts expect the technology giant's revenues to triple, from $7.2 billion to $24.8 billion, compared to the same period last year. Analysts expect the company's value to rise or fall by more than 8% by the end of the week, depending on whether its quarterly accounts satisfy investors or not.

“Investors' hands were tied today, as there are two major 'indicators' coming out on Wednesday: Fed minutes and Nvidia results. So I don't think people want to make big bets before then,” Sam Stovall, a strategist at CFRA Research, told Reuters. .

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