Why Nvidia Stock Jumped in a Wildly Volatile Day for the Market
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Nvidia's stock rose 3.5% on a volatile trading day, having fluctuated between gains of 7.9% and losses of 8.2%. The market reacted to President Trump's tariff comments, leading to initial sell-offs in tech stocks. Although a report about a potential 90-day pause on tariffs briefly boosted stocks, it was later denied by the White House. Macroeconomic uncertainty continues to cloud Nvidia's outlook, with potential impacts on customer spending and ongoing volatility expected until clearer economic conditions emerge.
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