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Nvidia's Strong Forecast Boosts Nasdaq and S&P 500

· Business · Reuters

Nvidia's positive financial forecast lifted the Nasdaq and S&P 500. The company reported strong second-quarter results for fiscal 2027. Investors are also awaiting a speech by Federal Reserve official Kevin Warsh for further market cues. Nvidia's market value increased by $442 billion following the announcement.

Why it matters

Nvidia's performance influences global tech stocks and investor sentiment, impacting markets worldwide, including India's tech-heavy indices.

Read the original report — Reuters

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