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Market Analysis

Nvidia boosts stock gains

Global stock indexes mostly climbed, with shares of AI chipmaker Nvidia bouncing after a three-day sell-off. The stock price of Nvidia (NVDA) ended up 6.8%, triggering the Nasdaq composite to jump more than 1%, ending a three-day losing streak.
On the other hand, the S&P 500 technology (S5INFT) and communication services (S5TELS) sectors led gains among S&P 500 sectors.
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Disclaimer:

Traders should watch the inflation data and central bank commentary closely, as these will likely influence market directions in the near term.

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