No Huang-over: Semis & Software Soar After Jensen Saves The Day, Bitcoin Bid As Bonds Skid
ZeroHedge·
- Nvidia and Salesforce triggered a significant tech stock rally, lifting software, semiconductors, and Bitcoin while alleviating market fears.
- Despite the tech rebound, market breadth remained weak, reflecting concentrated short-covering and mega-cap re-risking rather than a broad market recovery.
- Cross-asset dynamics showed bonds and the dollar lower, oil rallying, and gold finding support amid ongoing tensions between nominal growth and fiscal anxiety.
