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Morning Bid: New highs as Nvidia tops Apple, ECB and BoC easing

Tech-Led Surge Propels Nvidia to Second Most Valuable Company Wall Street’s tech-driven stock rally has propelled Nvidia (NASDAQ), now valued at $3 trillion, past Apple (NASDAQ) to become the world’s second most valuable company. This surge coincides with growing anticipation of interest rate cuts across the G7 nations. The European Central Bank (ECB) is expected […]

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Oil stabilises as expectations of September U.S. rate cut temper stock builds

  Oil Prices Stabilize Amid Fed Rate Cut Expectations and Higher U.S. Inventories Oil prices remained stable on Thursday, buoyed by growing expectations of a U.S. Federal Reserve interest rate cut in September, which offset concerns over higher U.S. inventories and plans by OPEC+ to gradually increase supply. By 1005 GMT, Brent crude futures had

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nvidia

Futures muted, Nvidia’s market cap jumps above $3 trillion – what’s moving markets

  1. Futures Muted U.S. stock futures showed minimal movement following Wednesday’s rally in the S&P 500 and Nasdaq Composite. By 03:28 ET (07:28 GMT), S&P 500 futures and Dow futures were largely unchanged, while Nasdaq 100 futures rose by 26 points, or 0.1%. The previous session saw the S&P 500 climb 1.18% to 5,354.03,

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