Nvidia Rises, Wall Street Pauses As Oil Prices Jump To $65: What's Moving Markets Monday?
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Nvidia Corp. (NASDAQ:NVDA) rose 2% in midday trading, nearing its all-time high ahead of its earnings release. The broader market paused after a recent rally, with oil prices climbing above $65 a barrel, raising inflation concerns. Geopolitical tensions increased, particularly regarding the Ukraine war and recent strikes in Gaza. The U.S. dollar gained slightly, while Treasury yields rose. In crypto, Bitcoin fell 0.9%, continuing a downward trend. Major U.S. indices showed mixed performance, with the Nasdaq up slightly and the S&P 500 down 0.1%.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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